About This Deal
IDEX Corporation acquired Faure Herman SA for $25.9 million (incl. $24.3M cash), a transaction completed in February 2007, structured as combination.
Faure Herman SA operates in Fluid & Metering Technologies (Energy), is based in La Ferte Bernard, France, had revenue of about approximately $22 million annual revenue. Leading provider of ultrasonic and helical turbine flow meters used in the custody transfer and control of high value fluids and gases. Headquartered in La Ferte Bernard, France.
Energy reporting unit within the FMT segment (Liquid Controls)
Deal Terms
Acquirer
IDEX Corporation
Target
Faure Herman SA
Value
$25.9 million (incl. $24.3M cash)
Date
February 2007
Type
Full acquisition
Status
Ready
Transaction Details
Target HQ
La Ferte Bernard, France
Segment
Fluid & Metering Technologies (Energy)
Structure
Combination
Target revenue
Approximately $22 million annual revenue
Announced
February 14, 2007
Closed
February 14, 2007
In Their Words
On February 14, 2007, the Company acquired the stock of Faure Herman, a leading provider of ultrasonic and helical turbine flow meters used in the custody transfer and control of high value fluids and gases.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
Press release ↗
See how Top Bucket AI works for your firm
Request DemoTop Bucket AI Research
Stay ahead of private markets
Research and market intelligence for private-markets professionals.
✓
You're subscribed.
Thanks for signing up.