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IMI buys Rotterdam-based TWTG for €25m

By Michele Maatouk

Date: Thursday 31 Oct 2024

(Sharecast News) - Engineering firm IMI said on Thursday that it has bought Rotterdam-based TWTG, "a leader" in smart connected asset monitoring solutions for process industries, for €25m (£21m) in cash.
TWTG will become part of IMI's Process Automation sector.

IMI said TWTG's portfolio of wireless sensors and integrated software...

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