IDEX Corporation acquires STC Material Solutions

IDEX Corporation acquired STC Material Solutions for $200.4 million (cash), a transaction completed in December 2023, structured as all cash (stock acquisition).

STC Material Solutions operates in Health & Science Technologies (Scientific Fluidics & Optics), is based in St. Albans, Vermont, USA. Designs and manufactures technical ceramics and hermetic sealing products for critical applications in the semiconductor, space and defense, industrial technology, medical technology and energy markets. Headquartered in St. Albans, Vermont, with operations in Santa Ana, California.

Scientific Fluidics & Optics reporting unit within the HST segment

On December 14, 2023, the Company acquired STC Material Solutions in a stock acquisition. STC specializes in the design and manufacturing of technical ceramics and hermetic sealing products for critical applications in the semiconductor, space and defense, industrial technology, medical technology and energy markets.

Advisory firms were not disclosed for this transaction.

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