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IMI PLC (IMI)

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Thursday 01 February, 2018

IMI PLC

Completion of Bimba acquisition

RNS Number : 5551D
IMI PLC
01 February 2018
 

 

1 February 2018

 

Completion of Bimba Manufacturing Company ("Bimba") acquisition

 

IMI plc, the specialist engineering group, confirms that further to the announcement made on 14 December 2017, the acquisition of Bimba has been completed.

Mark Selway, Chief Executive of IMI said:

"I would like to welcome Bimba and all its employees. By combining our businesses, we have created a significant opportunity to enhance IMI Precision Engineering's current position in the US Industrial Automation market and grow the Bimba brand internationally."

 

 

Enquiries to:

John Dean

IMI

Tel: +44 (0)121 717 3712

Suzanne Bartch / Gayden Metcalfe

Teneo Blue Rubicon

Tel: +44 (0)203 757 9239

 

 

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.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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