Idex to Acquire CVI Melles Griot for $400M
LAKE FOREST, Ill., May 11, 2011 — Lasers and optical equipment maker CVI Melles Griot will be acquired by engineered industrial products manufacturer Idex Corp. for $400 million in cash and will serve as the cornerstone of its expanding optics and photonics platform, Idex announced Wednesday. Albuquerque, N.M.-based CVI Melles Griot has annual revenue of approximately $185 million. The company designs and manufactures lasers and optical equipment used in the life sciences, research, semiconductor, security and defense m...