Completion of PBM acquisition

RNS Number : 1985N

IMI PLC

23 September 2019

 

23 September 2019

Completion of PBM Inc. ("PBM") acquisition

IMI plc, the specialist flow-control engineering group, confirms that further to the announcement made on 20 August 2019, the acquisition of PBM has been completed.

Roy Twite, Chief Executive of IMI said:

"I would like to reiterate our welcome to PBM and all its employees. The combination of our two businesses will introduce IMI Critical into new market segments, including Pharmaceutical and Food Processing, and will allow PBM to capitalise on IMI's global reach and support network."

 

 

Enquiries to:

John Dean	IMI	Tel: [phone]
Suzanne Bartch / Robert Morgan	Teneo	Tel: [phone]

Notes to editors

IMI plc

IMI plc, the specialist engineering company, designs, manufactures and services highly engineered products that control the precise movement of fluids.  IMI has manufacturing facilities in more than 20 countries and operates a global service network.  The Company is listed on the London Stock Exchange.  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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