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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IMI Hydronic Installer Stock returns – 27-29 of August 2021

The IMI Hydronic Installer Stock is returning to the Big Sheep venue in Bideford, North Devon, on 27-29 August 2021. Described as “probably the smallest, largest family-friendly Installer festival in the World” Installer Stock is designed for heating and plumbing engineers, and their families. Featuring: Live music on the Friday, Saturday and Sunday Evenings Entrance […]

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Why do almost half of motorists drive with vehicle faults?

Road safety charity, Brake and Direct Line has released data on drivers’ attitudes when it comes to vehicle safety checks and basic maintenance.  Almost half of respondents admitted to driving with at least one risky vehicle problem or defect.  The IMI, the professional body for the motor industry which is campaigning for the licensing of […]

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