NORTHBROOK, Ill.–IDEX Corporation (NYSE: IEX – News) today announced the acquisition of Seals, Ltd. Seals, consisting of the Polymer Engineering and Perlast divisions, is a leading provider of proprietary high performance seals and advanced sealing solutions for a diverse range of global industries, including analytical instrumentation, semiconductor/solar and process technologies. Seals’ Polymer Engineering division focuses on sealing solutions for hazardous duty applications. The Perlast division produces highly engineered seals for analytical instrumentation, pharmaceutical, electronics, and food applications. Perlast and Polymer Engineering are acknowledged leaders in the handling of a wide variety of aggressive media and micro-fluidic sealing applications.

Headquartered in Blackburn, England, Seals has annual revenues of approximately £21 million. Seals will operate within IDEX’s Health and Science Technologies segment and was acquired with a cash consideration of approximately £35 million.

Commenting on the acquisition, IDEX Chairman and Chief Executive Officer Larry Kingsley stated, “We are extremely pleased with Seals’ decision to become part of IDEX. With their specialty formulations and unique molding capability, Seals offers highly engineered solutions to several of our target markets. Their expertise in these markets enables the continued expansion of our core HST and FMT capabilities. Not only does Seals extend our offering with existing OEMs in the life sciences markets, they provide significant access to new opportunities in clean technology, food and pharmaceutical research and processing.”

Seals Managing Director, Peter Cloney, stated, “Today’s announcement marks the start of a new growth phase for our business and the beginning of an exciting future. IDEX is a recognized leader in many of our markets. We are delighted to have the opportunity to join a company clearly focused on growth which is well placed to enhance our market coverage and support us in becoming a world-leading sealing solutions business.”

About IDEX

IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers’ exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol “IEX”.

For further information on IDEX Corporation and its business units, visit the company’s Web site at www.idexcorp.com.