Wednesday, May 11, 2011

CVI Melles Griot Acquired By IDEX Corporation

CVI Melles Griot, a manufacturer of specialty lasers, light sources, electro-optical components, and other related products, which is based in Albuquerque, New Mexico, has been acquired by IDEX Corporation. IDEX said it will pay $400M in cash for CVI, which was owned by private equity and investmetn firm Norwest Equity Partners. IDEX said CVI has annual revenues of approximately $185M.