ITT acquisition
Published:  18 December, 2007

ITT Corporation has announced it has agreed to acquire privately held International Motion Control (IMC) for $395 million.  IMC is a global developer of motion control products with 2006 revenues of approximately $200 million.  The transaction, which is subject to normal closing conditions, is expected to be completed in the third quarter.




Sign up for the PWE newsletter

Latest issue

To view a digital copy of the latest issue of Plant & Works Engineering, click here.

View the past issue archive here.

To subscribe to the journal please click here.

Poll

"How is your manufacturing business preparing for a net Zero target?"






Twitter

Events Diary

Click here to see all 10 events

Click here to let us know about an event!