Safety equipment maker sold to IDEX Corporation

06.2016: IDEX CORPORATION announced that LUKAS Hydraulik GmbH, a subsidiary of IDEX, is to aquire AWG Fittings GmbH (“AWG”), a European leader in the manufacturing of safety equipment, for a cash consideration of €46.0 million. AWG produces engineered products for the safety and emergency response markets, including valves, monitors and nozzles. The German based AWG had revenues of appr. EUR 36 million in 2015.