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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

ITT acquires Israeli valve maker Habonim for $140 million · Endata

◂ Announcements

Pumps and Valvesworld trade 2024+3.2% 5Y CAGR

Apr 1, 2022ACQUISITIONKfar HaNassi, Israel

ITT acquires Israeli valve maker Habonim for $140 million

ITT Inc bought Habonim, a valve manufacturer based in Kfar HaNassi, Israel, in an all-cash deal valued at US$140 million. Habonim becomes part of ITT's Industrial Process segment.

Value

$140.0M

Status

Completed

Productsvalvesvalve automation and actuationball valves

CompaniesITT Inc. acquirer Habonim target Tene Investment Fund partner

Sectors#Pumps and Valves

“ITT Inc has bought the Habonim valve company in a US$140 million all-cash deal.”worldpumps.com

3 sources
worldpumps.comWorld Pumps - ITT acquires Israeli valve manufacturer Habonim - World PumpsApr 8, 2022
en.globes.co.ilITT buys kibbutz valve company Habonim for $140m - GlobesMay 4, 2022
valvemagazine.comIndustry Capsules - Valve MagazineJul 6, 2022

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

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