TIDMIMI

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:

 
                                                      Tel: +44 (0)121 
John Dean                         IMI                  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

END

ACQWGURUGUPRGBG

(END) Dow Jones Newswires

February 01, 2018 02:00 ET (07:00 GMT)

Imi (LSE:IMI)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Imi Charts.
Imi (LSE:IMI)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Imi Charts.