IMI plc has completed the sale of its Truflo Marine business to Fairbanks Morse Defense, the company announced today. The deal carries an enterprise value of £225m.
The sale was first announced on the 24th of November 2025 and completed on Friday, the 6th of November 2026.
IMI describes itself as a global leader in fluid and motion control. Chief Executive Roy Twite tied the disposal to the group’s chosen growth areas.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
“The sale of Truflo Marine further aligns IMI to the three powerful megatrends that will underpin the delivery of sustainable growth – Energy, Automation and Healthcare. I would like to thank the Truflo Marine team for their significant contribution to the Group and wish them every success in the future.”
Roy Twite, Chief Executive Officer, IMI
Energy, Automation and Healthcare are the three megatrends IMI names as underpinning its growth.
