IDEX Corporation has acquired, through its subsidiary LUKAS Hydraulik GmbH, the AWG Fittings Group (AWG) from Paragon Partners. The acquisition is part of the international growth strategy of IDEX. The AWG transaction, coupled with the recent acquisition of Akron Brass in the US, further supports IDEX’s global customers with best in class life safety and fire suppression solutions and allows IDEX to become the global market leader.
IDEX Corporation, Lake Forest, Illinois, USA
An applied solutions company specializing in fire suppression and safety technology. Listed company with annual revenues in excess of USD $2 billion.
AWG Fittings Group, Ballendorf, Germany
European market leader and full-service provider for the professional firefighting, rescue and safety applications. Manufacturer of innovative firefighting equipment, including nozzles, monitors, valves and hydraulic rescue equipment, operating under the AWG, Alco, ZR, and Lancier brand names.
PARAGON PARTNERS GmbH, München, Germany
Independent private equity company, focused on mid-sized companies in the German speaking region.
MAP initiated the transaction and exclusively advised the seller in all its phases.
