Partner Interview
Published April 27, 2025
IDEX Corporation: Steridose & Magnetic Mixers
inpractise.com/articles/idex-corporation-steridose-and-magnetic-mixers
Executive Bio
Former Sales Manager at Steridose an IDEX Corporation subsidiary
Interview Transcript
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Do you have any estimate of the growth rate over a decade, say from 2010 to 2020?
Yes, looking at Steridose, from the beginning, going back to 2005, I would estimate it was around 2 million euros at the time, not considering exchange rates. It grew to 9 or 10 million by the time I left.
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Can you say if it was more like 20, 40, or 50 plus percent? Just indicative, probably hard to judge?
It would be hard to judge, but maybe it could be somewhere around 30. It wouldn't feel strange if a third of sales came from spare parts. It's also hard to distinguish because sometimes when you have a customer, some of it could still be from small expansions or they need to replace a whole vessel. So, is it new sales or is it spare parts? It is for the already installed base. But somewhere around there, I would say.
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