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IMI

Kalender

Est. tid*
2025-08-01 08:00 Kvartalsrapport 2025-Q2
2025-04-03 N/A X-dag halvårsutdelning IMI 21.1
2025-03-28 N/A Årsstämma
2025-02-28 - Bokslutskommuniké 2024
2024-08-08 - X-dag halvårsutdelning IMI 10
2024-07-26 - Kvartalsrapport 2024-Q2
2024-05-09 - Årsstämma
2024-04-04 - X-dag halvårsutdelning IMI 19.2
2024-03-01 - Bokslutskommuniké 2023
2023-08-10 - X-dag halvårsutdelning IMI 9.1
2023-07-28 - Kvartalsrapport 2023-Q2
2023-04-06 - X-dag halvårsutdelning IMI 17.399999
2022-08-11 - X-dag halvårsutdelning IMI 8.3
2022-04-07 - X-dag halvårsutdelning IMI 15.800001
2021-08-12 - X-dag halvårsutdelning IMI 7.9
2021-04-01 - X-dag halvårsutdelning IMI 15.000001
2020-08-06 - X-dag halvårsutdelning IMI 33.700001
2020-04-02 - X-dag halvårsutdelning IMI 26.199999
2019-08-08 - X-dag halvårsutdelning IMI 14.9
2019-04-04 - X-dag halvårsutdelning IMI 25.999999
2018-08-09 - X-dag halvårsutdelning IMI 14.6
2018-04-05 - X-dag halvårsutdelning IMI 25.2
2017-08-10 - X-dag halvårsutdelning IMI 14.2
2017-04-06 - X-dag halvårsutdelning IMI 24.699999
2016-08-11 - X-dag halvårsutdelning IMI 14
2016-04-07 - X-dag halvårsutdelning IMI 24.5
2015-08-13 - X-dag halvårsutdelning IMI 15.44444
2015-04-09 - X-dag halvårsutdelning IMI 26.666671
2014-08-13 - X-dag halvårsutdelning IMI 15.11111
2014-04-09 - X-dag halvårsutdelning IMI 25
2014-02-17 - X-dag ordinarie utdelning IMI 200.00 GBP
2013-09-04 - X-dag halvårsutdelning IMI 14.222223
2013-04-10 - X-dag halvårsutdelning IMI 23
2012-09-05 - X-dag halvårsutdelning IMI 13.111112
2012-04-11 - X-dag halvårsutdelning IMI 21.111111
2011-09-07 - X-dag halvårsutdelning IMI 12.222222
2011-04-13 - X-dag halvårsutdelning IMI 18.888889
2010-09-08 - X-dag halvårsutdelning IMI 10
2010-04-14 - X-dag halvårsutdelning IMI 14.666666
2009-09-09 - X-dag halvårsutdelning IMI 8.888889
2009-04-08 - X-dag halvårsutdelning IMI 14.111111
2008-09-10 - X-dag halvårsutdelning IMI 8.888889
2008-04-09 - X-dag halvårsutdelning IMI 14.111111
2007-09-12 - X-dag halvårsutdelning IMI 8.333334
2007-04-11 - X-dag halvårsutdelning IMI 13
2006-09-13 - X-dag halvårsutdelning IMI 7.777778
2006-04-12 - X-dag halvårsutdelning IMI 12.055556
2005-09-14 - X-dag halvårsutdelning IMI 7.388889
2005-04-13 - X-dag halvårsutdelning IMI 11.333333
2004-09-15 - X-dag halvårsutdelning IMI 7
2004-04-07 - X-dag halvårsutdelning IMI 10.555556
2003-09-17 - X-dag halvårsutdelning IMI 6.666667
2024-10-31 13:00:00

31 October 2024

Acquisition of TWTG

IMI plc ("IMI" or the "Group") today announces that it has acquired TWTG Group B.V. ("TWTG"), a leader in smart connected asset monitoring solutions for process industries based in Rotterdam, the Netherlands. TWTG will become part of IMI's Process Automation sector.

The acquisition of TWTG is fully aligned to IMI's strategy and purpose, Breakthrough engineering for a better world. TWTG's exceptional portfolio of wireless sensors and integrated software allows plant operators to optimise process performance and profitability. TWTG will greatly expand IMI's asset monitoring offering, accelerating Process Automation's aftermarket business. TWTG's solutions are being retrofitted for severe service flow control equipment, providing a significant opportunity to scale sales across IMI's installed base in Process Automation.

The cash consideration of €25m has been funded from IMI's existing facilities. In the financial year to 31 December 2024 TWTG is expected to generate revenue of c. €8.1m and adjusted EBITDA of c. €2.3m. The transaction fully aligns with the Group's M&A framework.

Commenting on the acquisition, Roy Twite, Chief Executive Officer of IMI, said:

'We are really pleased to announce the acquisition of TWTG. TWTG is a fantastic business and a great fit with our Process Automation sector. TWTG's differentiated product portfolio will greatly expand our asset monitoring offering and there are clear synergies, particularly in the aftermarket. I am delighted to welcome the TWTG team to IMI and look forward to working with them to create value for our customers and grow our business.'   

Nadine Herrwerth, Chief Executive Officer of TWTG, commented:

'We are humbled and excited to become part of IMI. This partnership offers us a tremendous opportunity to scale our innovations globally and broaden our impact with industrial internet of things solutions. By combining our strengths, we will continue to push the boundaries of automation and digitalisation, which is where both companies' purposes converge.'

Enquiries to:

Edward Hann

IMI

Tel: +44 (0)7977 354 810

Matt Denham

Headland

Tel: +44 (0)7551 825 496

Notes to editors

IMI plc is a FTSE100 global specialist engineering company that designs, manufactures and services highly engineered products to control the precise movement of fluids. Its innovative motion and flow control technologies, built around valves and actuators, enable vital sectors to become safer, more sustainable and more productive. IMI combines world class applications engineering expertise with a continued focus on customer satisfaction, market-led innovation and complexity reduction to solve its customers most acute engineering problems. IMI employs approximately 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 2138002W9Q21PF.

TWTG specialises in creating Industrial IoT (Internet of Things) solutions, such as sensors and communication modules, primarily for industries like energy and manufacturing. Their products, including wireless sensors for vibration, temperature, and smart grid technology, help customers monitor equipment health, reduce downtime, and enhance operational efficiency. These smart devices integrate seamlessly into existing systems, offering valuable insights for preventive maintenance and grid resilience. Further information is available at www.twtg.io