IMI : Completion of Adaptas Solutions (“Adaptas”) acquisition
December 20, 2021 at 07:20 am
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IMI plc, the specialist engineering group, confirms that further to the announcement made on 15 November 2021, the acquisition of Adaptas has been completed.
Roy Twite, Chief Executive of IMI said:
"I would like to welcome Adaptas and all its employees to IMI. With Adaptas, we have created a significant opportunity to enhance IMI's current position in the Life Science Instrumentation markets. Our combined expertise will help solve more industry problems and deliver our purpose: [Breakthrough Engineering for a better world]."
Enquiries to:
John Dean
IMI
Tel: +44 (0)121 717 3712
Stephen Malthouse
Headland PR
Tel: +44 (0)7734 956 201
Notes to editors
IMI plc, the specialist engineering company, designs, manufactures and services highly engineered products that control the precise movement of fluids. Its innovative technologies, built around valves and actuators, enable vital processes to operate safely, sustainably, cleanly, efficiently and cost effectively. IMI employs around 10,000 people, has manufacturing facilities in 18 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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IMI plc published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 07:19:05 UTC.
IMI plc specializes in the design, production, and marketing of fluid circulation and control equipment. Net sales break down by family of products as follows:
- high-technology equipment (48.1%): anti-surge valves, isolation valves, actuators, flow control integrated systems, etc. for power plants and petrochemical, oil and gas facilities;
- valves and equipment of flows and air control and treatment (34.8%): for the automotive, railway transport, health, oil and gas industries, food and industrial automation sectors;
- indoor climate control equipment (17.1%).
Net sales are distributed geographically as follows: the Royaume Uni (4,5%), Allemagne (12,9%), Europe (25,4%), Etats-Unis (26,2%), Amérique (4,4%), Chine (8,8%), Asie-Pacifique (13,2%), Moyen Orient et Afrique (4,6%).
IMI PLC 
