IMI PLC Completion of PBM acquisition (1985N)
23 September 2019 - 4:00PM
UK Regulatory
TIDMIMI
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: +44 (0)121 717 3712
Suzanne Bartch / Robert Teneo Tel: +44 (0)203 757 9242
Morgan
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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END
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