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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Imi Plc | LSE:IMI | London | Ordinary Share | GB00BGLP8L22 | ORD 28 4/7P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-3.00 | -0.17% | 1,723.00 | 1,715.00 | 1,717.00 | 1,741.00 | 1,704.00 | 1,734.00 | 609,260 | 16:35:09 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Manufacturing Industries,nec | 2.2B | 237.3M | 0.9076 | 18.90 | 4.48B |
TIDMIMI
RNS Number : 5551D
IMI PLC
01 February 2018
1 February 2018
Completion of Bimba Manufacturing Company ("Bimba") acquisition
IMI plc, the specialist engineering group, confirms that further to the announcement made on 14 December 2017, the acquisition of Bimba has been completed.
Mark Selway, Chief Executive of IMI said:
"I would like to welcome Bimba and all its employees. By combining our businesses, we have created a significant opportunity to enhance IMI Precision Engineering's current position in the US Industrial Automation market and grow the Bimba brand internationally."
Enquiries to:
Tel: +44 (0)121 John Dean IMI 717 3712 Suzanne Bartch / Gayden Metcalfe Teneo Blue Rubicon Tel: +44 (0)203 757 9239
Notes to editors
IMI plc
IMI plc, the specialist engineering company, designs, manufactures and services highly engineered products that control the precise movement of fluids. IMI has manufacturing facilities in more than 20 countries and operates a global service network. The Company is listed on the London Stock Exchange. Further information is available at www.imiplc.com.
IMI plc is registered in England No. 714275. Its legal entity identifier ('LEI') number is 2138002W9Q21PF751R30.
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQWGURUGUPRGBG
(END) Dow Jones Newswires
February 01, 2018 02:00 ET (07:00 GMT)
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