MOTT CORPORATION acquired by IDEX CORPORATION

IDEX Corporation has successfully completed the acquisition of 100% of Mott Corporation, integrating the entity into its Health & Science Technologies segment. This strategic transaction significantly scales the group's material science suite, providing a massive expansion into the high-value semiconductor and energy transition end markets. The strategic rationale centers on the convergence of the target's sintered porous media expertise with the group's existing precision fluidics and optical capabilities. By incorporating this technical platform, the group bolsters its ability to deliver customized, micro-precision solutions required for customer product performance in harsh environments. The partnership is designed to leverage the group's multidisciplinary technical depth to serve a broader global customer base in medical technology and aerospace. Furthermore, the integration allows for the implementation of the group’s standardized operating model to enhance long-term value creation. This move reinforces the group's standing as a primary enabler of digital and industrial evolution across the most demanding technology verticals.

The acquisition of Mott Corporation is part of the growth strategy of Idex Corporation, which already has several external growth operations under its belt, notably Muon Group in 2022.