archive.php
Category: Press
SFC KOENIG to be acquired by IDEX
Thu, 07/28/2016
• Purchase agreement signed by current shareholders to sell Swiss manufacturer SFC KOENIG to a subsidiary of IDEX Corporation, a US listed company
• SFC KOENIG expected to remain a standalone company and benefit from access to new markets and segments via IDEX’s global platform
• Transaction expected to close by September 2016
Dietikon (Switzerland), 28 July 2016 – SFC KOENIG, a global leader of sealing and flow control solutions, will soon become a part of the US-based specialty manufacturer IDEX Corporation (“IDEX”), a global fluidics leader and multi-brand corporation that serves high growth specialized markets.
SFC KOENIG’s major shareholders – funds advised by private equity companies Capvis and HgCapital – signed a purchase agreement to sell all shares to IDEX, which has more than 7,000 employees worldwide, operates facilities in 24 countries and generated a turnover of more than 2 billion US dollars in 2015. The transaction is still subject to regulatory approval and is expected to close by September 2016.
In recent years, SFC KOENIG has built up a position of strength providing for excellent future prospects. The company was able to continually increase its market share and presents an impressive track record in the production of unmatched technology.
“We are happy to join the IDEX family, a platform which convinced us to be an ideal environment to support our initiatives and achieve our long term targets,” says Alparslan Kütükçüoglu, CEO of SFC KOENIG. “Both our companies are committed to highly engineered products, innovation and deep customer relationships.”
SFC KOENIG is a global leader in sealing technology. Based in Dietikon, Switzerland, the Company has subsidiaries in Germany, the USA and China and maintains a network of distribution partners throughout the world. SFC KOENIG is continuously broadening its core competency – built and established over 40 years – by expanding its product range and geographical reach. Product quality and manufacturing processes of SFC KOENIG are certified, amongst others, according the following international standards: ISO 14001, ISO TS 16949, and ISO 9001.
www.sfckoenig.com
Contact:
Alparslan Kütükçüoglu
Phone: +41 (0)44 7434610
alparslan.kutukcuoglu@sfckoenig.com
• Purchase agreement signed by current shareholders to sell Swiss manufacturer SFC KOENIG to a subsidiary of IDEX Corporation, a US listed company
• SFC KOENIG expected to remain a standalone company and benefit from access to new markets and segments via IDEX’s global platform
• Transaction expected to close by September 2016
Dietikon (Switzerland), 28 July 2016 – SFC KOENIG, a global leader of sealing and flow control solutions, will soon become a part of the US-based specialty manufacturer IDEX Corporation (“IDEX”), a global fluidics leader and multi-brand corporation that serves high growth specialized markets.
SFC KOENIG’s major shareholders – funds advised by private equity companies Capvis and HgCapital – signed a purchase agreement to sell all shares to IDEX, which has more than 7,000 employees worldwide, operates facilities in 24 countries and generated a turnover of more than 2 billion US dollars in 2015. The transaction is still subject to regulatory approval and is expected to close by September 2016.
In recent years, SFC KOENIG has built up a position of strength providing for excellent future prospects. The company was able to continually increase its market share and presents an impressive track record in the production of unmatched technology.
“We are happy to join the IDEX family, a platform which convinced us to be an ideal environment to support our initiatives and achieve our long term targets,” says Alparslan Kütükçüoglu, CEO of SFC KOENIG. “Both our companies are committed to highly engineered products, innovation and deep customer relationships.”
About SFC KOENIG
SFC KOENIG is a global leader in sealing technology. Based in Dietikon, Switzerland, the Company has subsidiaries in Germany, the USA and China and maintains a network of distribution partners throughout the world. SFC KOENIG is continuously broadening its core competency – built and established over 40 years – by expanding its product range and geographical reach. Product quality and manufacturing processes of SFC KOENIG are certified, amongst others, according the following international standards: ISO 14001, ISO TS 16949, and ISO 9001.
www.sfckoenig.com
Contact:
Alparslan Kütükçüoglu
Phone: +41 (0)44 7434610
alparslan.kutukcuoglu@sfckoenig.com
Wed, 09/10/2014
KOENIG CHECK VALVES feature a ball style, one-piece, self-contained design for quick and precise flow control, and can be used to maintain system pressure and prevent backflow. The new components are available in both forward-flow and reverse-flow models in a range of standard size diameters, cracking pressures and flow rates. The check valves can be customized to meet customer requirements.
The new check valve product line features many of the benefits also found in KOENIG RESTRICTORS and KOENIG EXPANDERS, including unique suitability for high-volume production applications that require fast assembly. SFC KOENIG components do not require thread machining, do not generate debris, and prevent contamination during installation. Their unique metal-to-metal seal design requires no additional sealants or threads, which decreases installation effort for the customer. SFC KOENIG parts offer unrivaled performance, with field failure rates less than <1 PPM (parts per million).
“We’re very excited to apply our sealing and flow control expertise to new product designs,” said Alparslan Kütükcüoglu, CEO of the company. “Customers rely on us for solution-oriented engineering, and we manufacture parts that meet the strictest quality, safety and security requirements. With KOENIG CHECK VALVES added to KOENIG RESTRICTORS and KOENIG EXPANDERS, we can solve even more of our customers’ sealing and flow control challenges. In addition, we continue to provide the very best service while reducing customers’ production risks, processes and efforts.”
The company offers engineering and design support on all components, from development through production. KOENIG RESTRICTORS and KOENIG CHECK VALVES are available in stainless steel as a standard material, with sizes and flow rates that can be customized to meet customer requirements.
The company’s products are utilized in diverse array of industries, including automotive, commercial vehicles, hydraulics, marine, medical, transportation and aerospace.
SFC KOENIG is a worldwide supplier of sealing and flow control components, with over 85 years in operation. Headquartered in Dietikon, Switzerland, SFC KOENIG offers 3 main subsidiaries in Germany, the US and China, in addition to 17 global distributors. SFC KOENIG was previously named KVT-KOENIG Group. The company changed its name in April of 2014 and refined its focus solely to sealing and flow control technologies.
SFC KOENIG operates with ISO/TS 16949, ISO 9001, and ISO 14001 certified standards, and is the original inventor of the one-piece, metal-to-metal sealing solution. With over 5 billion parts installed, SFC KOENIG offers the unique ability to produce customized components that increase reliability and efficiency, optimizing total customer costs while maintaining strict quality standards and an unrivaled performance, with field failure rates less than <1 PPM (parts per million).
For more information please contact:
Thomas Ryan
Product Manager
thomas.ryan@sfckoenig.com
direct: +1 203 245 1100 ext. 122
Brian Däppen
Product Manager
brian.daeppen@sfckoenig.com
Direct: +41 44 743 46 67
KOENIG CHECK VALVES feature a ball style, one-piece, self-contained design for quick and precise flow control, and can be used to maintain system pressure and prevent backflow. The new components are available in both forward-flow and reverse-flow models in a range of standard size diameters, cracking pressures and flow rates. The check valves can be customized to meet customer requirements.
The new check valve product line features many of the benefits also found in KOENIG RESTRICTORS and KOENIG EXPANDERS, including unique suitability for high-volume production applications that require fast assembly. SFC KOENIG components do not require thread machining, do not generate debris, and prevent contamination during installation. Their unique metal-to-metal seal design requires no additional sealants or threads, which decreases installation effort for the customer. SFC KOENIG parts offer unrivaled performance, with field failure rates less than <1 PPM (parts per million).
“We’re very excited to apply our sealing and flow control expertise to new product designs,” said Alparslan Kütükcüoglu, CEO of the company. “Customers rely on us for solution-oriented engineering, and we manufacture parts that meet the strictest quality, safety and security requirements. With KOENIG CHECK VALVES added to KOENIG RESTRICTORS and KOENIG EXPANDERS, we can solve even more of our customers’ sealing and flow control challenges. In addition, we continue to provide the very best service while reducing customers’ production risks, processes and efforts.”
The company offers engineering and design support on all components, from development through production. KOENIG RESTRICTORS and KOENIG CHECK VALVES are available in stainless steel as a standard material, with sizes and flow rates that can be customized to meet customer requirements.
The company’s products are utilized in diverse array of industries, including automotive, commercial vehicles, hydraulics, marine, medical, transportation and aerospace.
About SFC KOENIG®
SFC KOENIG is a worldwide supplier of sealing and flow control components, with over 85 years in operation. Headquartered in Dietikon, Switzerland, SFC KOENIG offers 3 main subsidiaries in Germany, the US and China, in addition to 17 global distributors. SFC KOENIG was previously named KVT-KOENIG Group. The company changed its name in April of 2014 and refined its focus solely to sealing and flow control technologies.
SFC KOENIG operates with ISO/TS 16949, ISO 9001, and ISO 14001 certified standards, and is the original inventor of the one-piece, metal-to-metal sealing solution. With over 5 billion parts installed, SFC KOENIG offers the unique ability to produce customized components that increase reliability and efficiency, optimizing total customer costs while maintaining strict quality standards and an unrivaled performance, with field failure rates less than <1 PPM (parts per million).
For more information please contact:
North & South America
Thomas Ryan
Product Manager
thomas.ryan@sfckoenig.com
direct: +1 203 245 1100 ext. 122
For Europe and Asia
Brian Däppen
Product Manager
brian.daeppen@sfckoenig.com
Direct: +41 44 743 46 67