IMI completes the acquisition of Truflo - 26 April 2006
IMI plc, the major international engineering solutions group, is pleased to announce that, following receipt of regulatory clearances, the acquisition of Truflo, first announced on 6 March, was completed on 26 April 2006.
- Ends -
IMI plc
Graham Truscott, Communications Director
Tel: 0121 717 3712
Weber Shandwick Square Mile
Nick Oborne / Stephanie Badjonat
Tel: 020 7067 0700
Information about IMI plc can be found in the website: www.imiplc.com
Information about Truflo can be found on the website: www.truflointernational.com
Note to editors:
IMI plc is an international engineering business specialising in innovative solutions and services for a wide range of industrial and retail customers. Its future growth is being built on the two business areas of Fluid Controls (Severe Service, Fluid Power, Indoor Climate) and Retail Dispense (Beverage Dispense, Merchandising Systems).
IMI's operations in these two business areas share the following core characteristics: strong market positions in growing markets; the ability to be clearly differentiated from their competitors through technological innovation or after-sales service; and the provision of 'added value' through bespoke solutions rather than a high manufacturing or material content.
IMI is quoted on the London Stock Exchange and is capitalised at approximately £1.9bn.
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