IDEX Corporation (NYSE: IEX) completes the acquisition of Mott Corporation and its subsidiaries. This acquisition will expand IDEX’s applied material science technology capabilities in high-value end markets.
Connecticut-based Mott offers design and manufacturing of sintered porous material structures and flow control solutions, with deep applied material science knowledge and process control capabilities. For more than 60 years, Mott has solved complex engineering challenges in partnership with global OEMS and leading technology brands to develop cutting-edge technologies.
As part of IDEX’s Health & Science Technologies segment, Mott will enhance its ability to deliver innovative, customized micro-precision solutions critical to customer product performance. This move expands opportunities in industries such as semiconductor wafer fabrication, energy transition, medical technologies, space, defense, and water purification. Additionally, Mott complements the successful integrations of Muon Group, Iridian Spectral Technologies, and STC Material Solutions, offering specialized process-based capabilities. The company aims to drive near- and long-term value creation through the 8020 strategy and the IDEX Operating Model.
“The acquisition of Mott brings scale to our growing suite of material science technology capabilities and amplifies our ability to partner with customers to develop innovative solutions,” said Eric D. Ashleman, Chief Executive Officer and President of IDEX. “This is an important step in our strategy to deliver long-term, compounding value to our customers, employees, and shareholders. I’m pleased to welcome the Mott team to the IDEX family.”
