Idex Corp. has completed its acquisition of Airtech Group Inc., US Valve Corp. and related entities from investment funds managed by EagleTree Capital.
Airtech designs and manufactures a pressure technology products, including vacuum pumps, regenerative blowers, compressor systems and valves. The company provides customized solutions across diversified end markets such as alternative energy, food processing, medical, packaging and transportation. Airtech serves clients globally, with operations in the United States, Europe and Asia.
“Airtech and its employees worldwide are a welcome addition to the IDEX family of businesses, expanding our expertise in specialized, high-performing air moving technologies,” Idea chief executive officer and president Eric Ashleman said. “We look forward to fully integrating the Airtech team into our global company. Airtech’s highly-engineered pneumatic solutions further our ability to solve the most difficult problems for our customers.”