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IMI Closes GBP225 Million Truflo Marine Business Sale

MT Newswires·11/09/2026 02:30:56
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02:30 AM EST, 11/09/2026 (MT Newswires) -- IMI (IMI.L) finalized the sale of its Truflo Marine business to Fairbanks Morse Defense for an enterprise value of 225 million pounds sterling on Nov. 6. The deal was announced on Nov. 24, 2025, the fluid and motion control company said Monday.