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Pumps and Valvesworld trade 2024+3.2% 5Y CAGR

Aug 20, 2019ACQUISITIONIrwin, Pennsylvania, United States

IMI to acquire valve maker PBM for $85M

IMI plc announced the proposed acquisition of PBM Inc., a manufacturer of industrial valves and flow control products based in Irwin, Pennsylvania, for an enterprise value of $85 million. Closing is expected within two months.

Value

$85.0M

Status

Announced

Productsindustrial valvesflow control products

CompaniesIMI plc acquirer PBM Inc target

Sectors#Pumps and Valves

“IMI announces the proposed acquisition of PBM Inc., ("PBM") for an enterprise value of $85m”investegate.co.uk

1 source
investegate.co.ukInvestegate | Company AnnouncementAug 20, 2019

Summarized from public sources; check the original articles before acting on it.

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IMI to acquire valve maker PBM for $85M · Endata