# 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.

- Type: Acquisition
- Announced: 2022-04-01
- Where: Kfar HaNassi, Israel
- Value: $140.0M
- Status: completed
- Products: valves, valve automation and actuation, ball valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [ITT Inc.](https://endata.com/companies/4662.md) (acquirer)
- [Habonim](https://endata.com/companies/9123.md) (target)
- [Tene Investment Fund](https://endata.com/companies/9203.md) (partner)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/itt-acquires-israeli-valve-manufacturer-habonim), 2022-04-08: "ITT Inc has bought the Habonim valve company in a US$140 million all-cash deal."
- [en.globes.co.il](https://en.globes.co.il/en/article-itt-buys-kibbutz-valve-company-habonim-for-140m-1001408269), 2022-05-04: "US engineering components manufacturer ITT (NYSE: ITT) has announced that it has acquired Israeli valve manufacturer Habonim for $140 million in an all-cash transaction."
- [valvemagazine.com](https://valvemagazine.com/articles/industry-capsules-4/), 2022-07-06: "ITT Inc. acquired privately-held Habonim for $140 million in April 2022."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.