Heatmiser

IMI announces proposed acquisition of Heatmiser for £110m

IMI plc has announced the proposed acquisition of Heatmiser UK Ltd for an enterprise value of £110m, with up to a further £8m based on Heatmiser’s future financial performance. Heatmiser will become part of IMI Hydronic Engineering. The proposed acquisition of Heatmiser is fully aligned with IMI’s strategy and purpose of Breakthrough Engineering for a […]

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