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Acquisition completion

26th Apr 2006 15:20

IMI PLC26 April 2006 26 April 2006 IMI completes the acquisition of the Truflo Group IMI plc, the major international engineering solutions group, is pleased toannounce that, following receipt of regulatory clearances, the acquisition ofthe Truflo Group, first announced on 6 March, was completed on 26 April 2006. - Ends - IMI plcGraham Truscott, Communications Director Tel: 0121 717 3712 Weber Shandwick Square MileNick Oborne / Stephanie Badjonat Tel: 020 7067 0700 Note to editors: IMI plc is an international engineering business specialising in innovativesolutions and services for a wide range of industrial and retail customers. Itsfuture growth is being built on the two business areas of Fluid Controls (SevereService, Fluid Power, Indoor Climate) and Retail Dispense (Beverage Dispense,Merchandising Systems). IMI's operations in these two business areas share the following corecharacteristics: strong market positions in growing markets; the ability to beclearly differentiated from their competitors through technological innovationor after-sales service; and the provision of 'added value' through bespokesolutions rather than a high manufacturing or material content. IMI is quoted on the London Stock Exchange and is capitalised at approximately£1.9bn. This information is provided by RNS The company news service from the London Stock Exchange

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