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IMI


IMI has sold Eley and Accles & Shelvoke, the Sutton Coldfield-based suppliers of shooting equipment with 122 staff, to LDC for £42m.
07-Oct-2014


IMI has sold its beverage dispense and merchandising divisions to US-based Marmon Group for £690m.
16-Oct-2013


IMI has acquired TH Jansen Armaturen, the German valve manufacturer with 120 staff, for £15m.
19-Oct-2011


IMI is to acquire Zimmermann & Jansen, the German supplier of flow control products with 430 staff, for £120m.
25-Oct-2010


IMI is to acquire a 70% stake in Pneumatex, the Swiss supplier of water conditioning equipment with 250 staff, for £15m.
10-Aug-2007


IMI is to acquire Kloehn Company, the US supplier of pumping and fluid handling systems for the medical sector, for an initial £30m.
24-May-2007


IMI is looking to spend up to £100m a year on acquisitions to expand its Birmingham-based engineering business.
15-May-2006


IMI has sold Phoenix Interiors, the fit-out company with 35 staff, back to its original management team.
23-Mar-2006


IMI has acquired Truflo, the valve manufacturer, for £120m, and is now looking to spend a further £80m on bolt-on acquisitions over the next few years.
07-Mar-2006


IMI has acquired GT Development Corporation, the US supplier of pneumatic and electronic controls, for about £15m.
22-Nov-2005


IMI is to acquire the control valves business of ABB KK of Japan, including 70 staff, for £20m.
04-Oct-2005


IMI has sold its Polypipe plastic pipes division to Castle Harlan of the US for £239m, and is now looking to spend up to £400m on acquisitions.
06-Sep-2005


IMI is to acquire Syron Engineering & Manufacturing, the US provider of press tooling solutions, for £18m.
10-Feb-2005


IMI is to acquire Fluid Automation Systems, the Swiss manufacturer of valves, for £20m.
01-Jul-2004


IMI has sold its Brighouse-based air conditioning division, which has 84 staff, to management for undisclosed terms, and the business will be renamed Marstair.
07-Nov-2003


IMI has acquired Artform International, the Loughborough-based supplier of merchandising systems with 425 staff, for £47m.
09-Oct-2003


IMI is looking to spend up to £300m on acquisitions to expand its engineering business.
11-Mar-2003


IMI has acquired Fluid Kinetics, the US supplier of industrial silencers, for £5m.
20-Jan-2003


IMI, the engineering group, is to relocate its head office to the Birmingham Business Park in April, having sold its 95-acre industrial site in Witton to Prudential for £27m.
10-Jan-2003


IMI is to sell its remaining Kirkby-based copper tube business to KM Europa Metal of Germany for £13m.
03-Oct-2002


IMI is to sell its copper fittings business to Aalberts Industries of the Netherlands for £65m, in order to focus on fluid controls and beverage dispensing.
23-Jul-2002


IMI has sold its Eley Hawk cartridges business to Union Explosivosos Espanol of Spain for £1.6m, and is now looking to sell its building products and plastic pipes division to management for up to £300m.
12-Mar-2002


IMI has sold six non-core industrial valves businesses, including Bailey Birkett, Amal and Marston Bursting Discs in the UK, to Tyco of the US for £55m.
26-Jun-2001


IMI has acquired 80% of Display Technologies, the US point of purchase manufacturer, for £26m.
04-Jun-2001


IMI has acquired BTG, the Swedish manufacturer of large valves for use in oil and gas plants, for £16m.
12-Jan-2001


IMI has sold its Australian plumbing and heating operations to GSA Group for £9m.
14-Nov-2000


IMI has acquired Flow Design, the US manufacturer of flow control products, for £14m.
29-Aug-2000


IMI has acquired Robimatic, the supplier of plumbing products, for up to £19m.
09-Aug-2000


IMI is to acquire Polypipe, the building materials concern, for £337m, which will enable it to sell Polypipe's products into continental Europe.
16-Apr-1999


IMI Marston is selling its Wolverhampton-based aerospace business to Hamilton Standard for £17m.
24-Mar-1999


IMI has acquired Melrose Displays, the US supplier of displays to retailers, for undisclosed terms.
19-Jan-1999


IMI has sold IMI Pactrol, its electronic controls division, to White-Rodgers of the US for £10m, in order to focus on its valves business.
30-Jun-1998


IMI has sold Birmingham Mint, the coin manufacturer, to an institutional buy-out led by 3i for £18m, as part of the continuing transformation of its specialist engineering division.
22-May-1998


Newmond has acquired the water heating business of IMI for £20m.
21-Apr-1998


IMI has sold its industrial heat exchanger division to Chart Industries of the US for £21m.
06-Mar-1998


IMI has acquired Herion-Werke, the German pneumatic controls company, for £38m, and hopes to benefit from selling its other products to Herion's customers.
09-Oct-1997


IMI is acquiring TA Hydronics, the Swedish valve maker, for £97m.
04-Apr-1997


IMI has acquired Sulzer's Thermtec industrial valves division for £10m.
17-Mar-1997


IMI has acquired ISI Automation, the US fluid power business, for £89m, a move which will help it boost sales of existing products to US automotive manufacturers.
26-Nov-1996


IMI is buying Heimeier, the German thermostatic radiator valve maker, for £130m, as there is growing legislation for the inclusion of temperature controls on heating systems.
17-Sep-1995