Subsequent Events (Notes) |
12 Months Ended |
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Sep. 30, 2015 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
Subsequent Events
On October 2, 2015, we completed the acquisition of Abel from Roper Technologies for €95 million in cash. We utilized cash available under the revolving credit facility to fund this acquisition. Based in Büchen, Germany, Abel is a globally-recognized leader in positive displacement pumps. The company specializes in designing, developing and manufacturing piston and piston diaphragm pumps as well as pumping solutions and in providing related parts and service. This equipment is sold under the ABEL® Pump Technology brand into the power generation, wastewater treatment, mining, general industry, and marine markets.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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