Idex Corp.
Idex Corp. of Lake Forest, Ill., has acquired Matcon Group Ltd. of Evesham, UK, a supplier of materials processing solutions for high-value powders used in food, pharmaceuticals, plastics and fine-chemicals manufacturing. Matcon’s products include the original cone valve powder discharge system and filling, mixing and packaging systems, all of which maintain clean, reliable and repeatable formulations of prepackaged foods and pharmaceuticals for lean, agile manufacturing. With annual revenues of approximately £22 million (about $34.2 million), Matcon will operate within Idex’s Health and Science Technologies Div. in the materials processing technologies platform.
Published: September 2012