IMI : Completion of Bahr Modultechnik GmbH (“Bahr”) acquisition
June 13, 2022 at 02:13 am EDT
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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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IMI plc published this content on 13 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 June 2022 06:12:05 UTC.
IMI plc specializes in the design, production, and marketing of fluid circulation and control equipment. Net sales break down by family of products as follows:
- high-technology equipment (48.1%): anti-surge valves, isolation valves, actuators, flow control integrated systems, etc. for power plants and petrochemical, oil and gas facilities;
- valves and equipment of flows and air control and treatment (34.8%): for the automotive, railway transport, health, oil and gas industries, food and industrial automation sectors;
- indoor climate control equipment (17.1%).
Net sales are distributed geographically as follows: the Royaume Uni (4,5%), Allemagne (12,9%), Europe (25,4%), Etats-Unis (26,2%), Amérique (4,4%), Chine (8,8%), Asie-Pacifique (13,2%), Moyen Orient et Afrique (4,6%).
IMI PLC 
