Idex to acquire Scivex

Idex Corp. has agreed to acquire Scivex Inc., a provider of fluidic components and systems for the analytical, biotechnology and diagnostic instrumentation markets. With annual sales of approximately USD 31 million, Scivex operates Upchurch Scientific in Oak Harbor, Washington, Sapphire Engineering in Pocasset, Massachusetts, and JL White in Santa Clara, California. Its primary products include a wide variety of high-tech components including fittings, tubing, check valves, pistons, filters as well as dispensing pumps, micro and nano-scale fluidic modules. Idex plans to operate Scivex as a stand-alone business in its Pump Products Group. Scivex is a portfolio company of KRG Capital Partners, a private equity firm based in Denver, Colorado.

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