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ITT Inc. plans to invest $31 million to establish a Goulds Pumps manufacturing and distribution center in Memphis, Tennessee, expected to create 57 jobs. The site will increase North American pump capacity and supports the existing Southaven, Mississippi operation.
ITT Inc's Svanehoj acquired H&K Services BV, a Netherlands-based specialist in repair and servicing of marine fuel and cargo gas pumps, strengthening its Benelux aftersales operations.
ITT Inc completed its US$4.8 billion acquisition of SPX Flow. The completion is listed in the Q1 2026 pumps M&A roundup.
ITT Inc. closed its acquisition of SPX FLOW, a provider of mixing, blending, fluid handling and separation equipment, for a total consideration of $4.775 billion announced in December 2025.
ITT agreed to acquire SPX FLOW from Lone Star Funds for a total consideration of $4.775 billion in cash and equity. The deal values SPX FLOW at 14.2x forecast 2026 adjusted EBITDA, and ITT expects $80 million in run-rate cost synergies by year three.
ITT's Svanehøj business acquired Köhler & Hörter GmbH (KOHO), a family-owned compressor manufacturer in Hagen, Germany, expanding its portfolio beyond cryogenic pumps into compressors for gas applications.
ITT Inc's Svanehoj has acquired Koho Kompressorsysteme (Köhler & Hörter GmbH), a family-owned maker of reciprocating compressor systems in Hagen, Germany. Koho employs about 40 people, and no value was disclosed.
Svanehøj, an ITT company, completed its acquisition of Germany-based compressor maker Köhler & Hörter GmbH (KOHO Kompressorsysteme) on 1 October 2025. KOHO employs about 40 people in Hagen.
ITT's Svanehøj business won its first agreement to supply deepwell fuel, cargo and stripping pumps for two Ultra Large Ethane Carriers for a leading European maritime customer, with deliveries starting in early 2026. The announcement was made on 15 July 2025.
Empire State Development is partnering with ITT Inc. on up to $85 million in capital expenditure from 2025 to 2029 at its Seneca Falls, Onondaga and Erie County sites, creating up to 75 jobs. ESD is providing up to $3.25 million through the Excelsior Jobs Tax Credit.
ITT Inc. announced that its Svanehoj business will supply deepwell ammonia fuel pumps for eight bulk carriers owned by a leading maritime shipping and logistics group, with the first two deliveries in 2024 and the rest in 2025.
ITT Inc is investing approximately US$11 million to expand pump, motor and control testing capacity at three Industrial Process sites in Obernkirchen (Germany), Vadodara (India) and Dammam (Saudi Arabia).
ITT completed its acquisition of Svanehoj Group A/S, a Danish supplier of customized critical liquid and cryogenic pumps for the marine sector. The deal is listed in World Pumps' Q1 2024 M&A review.
ITT Inc. announced an approximately $11 million investment to expand pump, motor and control systems testing at three Industrial Process sites in Obernkirchen, Germany, Vadodara, India and Dammam, Saudi Arabia, with completion expected in Q3 2024.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, mainly for North American operations. The contract has a US$50 million minimum commitment and up to US$80 million in potential revenue.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil through its Goulds Pumps unit. The contract has a $50 million minimum commitment and up to $80 million potential value.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, primarily in North America. The deal has a $50 million minimum commitment and up to $80 million potential value, the largest single contract ever for Goulds Pumps.
ITT Inc. completed its acquisition of Svanehøj Group A/S, a supplier of cryogenic and marine pumps with about 400 employees. The deal was funded by a €300 million term loan and the business joins ITT's Industrial Process segment.
Tecnik Fluid Controls and ITT have formed a joint venture, with an initial investment from ITT, to manufacture valves for the pharmaceutical industry in India.
ITT Inc. has signed an agreement to acquire Svanehøj Group A/S, a marine pump specialist, for about $395 million. Svanehøj will become part of ITT's Industrial Process segment, focused on pumps, valves and aftermarket services.
ITT's i-ALERT and Hexagon's j5 Operator Rounds will combine machine health data tracking and analysis features to help heavy industries cut maintenance costs and unplanned downtime for pumps and motors.
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.
ITT completed its acquisition of Rheinhütte Pumpen, which is headquartered in Wiesbaden, Germany and makes centrifugal and axial flow pumps for aggressive media in chemical, mining, renewable energy and refinery processes. The deal was reported in the Q2 2019 pump M&A review.
ITT Inc has completed its acquisition of the Rheinhütte Pumpen Group, a German pump maker. The deal was previously reported in February 2019.
Aliaxis signed an agreement to divest pump maker Rheinhütte Pumpen to ITT Inc. for a cash consideration of about €80.5 million. The deal is expected to close in the second quarter of 2019, subject to regulatory approvals.
