IDEX Europe GmbH

IDEX Europe GmbH, based in Erlangen, operates as a holding company managing its own assets. The company holds 100 percent stakes in operating entities such as LUKAS Hydraulik GmbH, Vetter GmbH, Fast & Fluid Management B.V., and Toptech Systems N.V. Its business activities are primarily driven by profit transfer agreements with these subsidiaries, most notably LUKAS Hydraulik GmbH and Vetter GmbH. As a wholly-owned subsidiary of the US-based IDEX Corporation, the company is fully consolidated into the parent group's financial statements. The company is a small company under § 267 (1) HGB and is therefore not required to publish a profit-and-loss statement.