13 June 2022
Completion of Bahr Modultechnik GmbH ("Bahr") acquisition
IMI plc, the specialist engineering group, confirms that further to the announcement made on 30 May 2022, the acquisition of Bahr has been completed.
Roy Twite, Chief Executive of IMI said:
"I would like to welcome Bahr and all its employees to IMI. With Bahr's differentiated electric actuator capability, we have created a significant opportunity to enhance IMI's current position in the Industrial Automation market. Our combined expertise will help solve more industry problems and deliver our purpose: [Breakthrough Engineering for a better world]."
Enquiries
| Luke Grant | IMI | Tel: +44 (0)7866 148 374 |
| Stephen Malthouse | Headland PR | Tel: +44 (0)7734 956 201 |
Notes
IMI plc, the specialist engineering company, designs, manufactures and services highly engineered products that control the precise movement of fluids. Its innovative technologies, built around valves and actuators, enable vital processes to operate safely, sustainably, cleanly, efficiently and cost effectively. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index. Further information is available at www.imiplc.com.
IMI plc is registered in England No. 714275. Its legal entity identifier ('LEI') number is 2138002W9Q21PF751R30.
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