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updated: 12/11/2017 11:05 AM

IDEX Corp. in Lake Forest acquires German firm

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Business Wire

IDEX Corp. on Monday announced today the acquisition of thinXXS Microtechnology AG; a company specializing in the design, manufacture and sale of microfluidic components serving the point of care, veterinary and life science markets.

Located in Zweibrücken, Germany, thinXXS will operate within IDEX Health & Science LLC, part of IDEX's Health and Science Technologies segment.

"ThinXXS represents our second acquisition in this space, and with the addition of their advanced technology, our combination makes IDEX Health and Science the market leader in microfluidic technology," said IDEX CEO and Chairman Andy Silvernail. "ThinXXS' product portfolio is a fantastic fit with IDEX's core optics and scientific fluidics products and technologies that serve our life science customers. We look forward to thinXXS joining IDEX and we believe the transaction will accelerate our growth prospects in the life science, veterinary and point of care markets."

IDEX based in Lake Forest is a global fluidics leader serving high growth specialized markets. The company is best known for its expertise in highly engineered fluidics systems and components, as well for expertise in fire and safety products including the Jaws of Life family of rescue and recovery tools.