02 July 2007
2 July 2007
IMI completes the acquisition of Kloehn Company Ltd
IMI plc, the major international engineering group, is pleased to announce that,
following receipt of regulatory clearances, the acquisition of Kloehn Company
Ltd, first announced on 23 May, was completed on 29 June 2007. Kloehn, a leading
US provider of specialist pumping and fluid handling systems for the medical
sector, becomes part of IMI's Fluid Power business, Norgren.
- Ends -
For further information contact:
Graham Truscott, Communications Director Tel: 0121 717 3712
Weber Shandwick Financial
Nick Oborne / Stephanie Badjonat / Charlie Hooper Tel: 020 7067 0700
Note to editors:
IMI is a dynamic, worldwide company delivering innovative engineering solutions
to leading global customers in clearly defined niche markets. Its five
businesses share a common goal - to convert their industry knowledge and market
insight into customised, design-engineered solutions which create customer
advantage and value. These include severe service valves, motion and fluid
control systems, indoor climate controls, beverage dispense systems, and
merchandising display systems for retail operations.
Close customer relationships, strong positions in growing markets and clear
differentiation through technological innovation or service are the defining
characteristics of all IMI businesses.
IMI is quoted on the London Stock Exchange. Information about IMI plc can be
found on the website: www.imiplc.com.
This information is provided by RNS
The company news service from the London Stock Exchange