IETG is acquired by IDEX Corporation
Posted: Tuesday 17th February 2009
IETG has recently been acquired by American company IDEX Corporation, an applied solutions company specialising in fluid and metering technologies. This strategic acquisition will strengthen IETG’s position in the UK through the backing of its new parent company, whilst complementing and enhancing IDEX’s existing Fluid and Metering Technologies business ADS Environmental Services.
This move will enable IETG to further develop its services and technologies within the UK’s water and wastewater sectors with the added support and experience of the IDEX companies. The company will continue to promote its range of professional surveying services under the successful brand of 40SEVEN.
Managing Director of IETG, Stuart Learmonth stated, “We are excited to become part of IDEX and its Fluid and Metering Technologies segment. IDEX is a recognised leader in applied engineered solutions, with significant brand recognition in the water and wastewater markets. We will now have a global footprint, as well as the support for a broader technology platform, which will enable us to expand into new markets. It will also allow us to enhance the support we offer existing customers in the efforts to comply with the ever increasing regulations which drive their business.”
