Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Completion of Acquisition

2nd Jul 2007 10:00

IMI PLC02 July 2007 2 July 2007 IMI plc IMI completes the acquisition of Kloehn Company Ltd IMI plc, the major international engineering group, is pleased to announce that,following receipt of regulatory clearances, the acquisition of Kloehn CompanyLtd, first announced on 23 May, was completed on 29 June 2007. Kloehn, a leadingUS provider of specialist pumping and fluid handling systems for the medicalsector, becomes part of IMI's Fluid Power business, Norgren. - Ends - For further information contact: IMI plcGraham Truscott, Communications Director Tel: 0121 717 3712 Weber Shandwick FinancialNick Oborne / Stephanie Badjonat / Charlie Hooper Tel: 020 7067 0700 Note to editors: IMI is a dynamic, worldwide company delivering innovative engineering solutionsto leading global customers in clearly defined niche markets. Its fivebusinesses share a common goal - to convert their industry knowledge and marketinsight into customised, design-engineered solutions which create customeradvantage and value. These include severe service valves, motion and fluidcontrol systems, indoor climate controls, beverage dispense systems, andmerchandising display systems for retail operations. Close customer relationships, strong positions in growing markets and cleardifferentiation through technological innovation or service are the definingcharacteristics of all IMI businesses. IMI is quoted on the London Stock Exchange. Information about IMI plc can befound on the website: www.imiplc.com. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

IMI
FTSE 100 Latest
Value8,275.66
Change0.00