IMI sells Truflo Marine unit for £225m

By Frank Prenesti

Date: Monday 24 Nov 2025

(Sharecast News) - IMI has signed a deal to sell its Truflo Marine business to US-based Fairbanks Morse Defense for an enterprise value of £225m.
The sale of Truflo Marine, which provides valves and actuators to naval submarine programmes worldwide, "reflects our role as active managers of the business and further aligns IMI to three powerful growth trends - energy, automation and healthcare" the company said on Monday.

Reporting by Frank Prenesti for Sharecast.com

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