Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
Fairbanks Morse Defense (FMD) has entered into an
agreement with IMI to acquire its Birmingham, UK-based Truflo Marine business. The acquisition is intended to enhance
FMD's valve design, engineering, and manufacturing capabilities for allied
naval submarine and surface vessels.
Truflo Marine specialises in advanced valve design
and control solutions for mission-critical naval systems. Its portfolio includes high-performance
valve designs currently in service with more than 34 allied navies worldwide. The transaction includes Truflo’s
Birmingham facility and approximately 270 employees.
IMI stated that the divestment reflects its role as
active managers of the business and is intended to further align the group with
three specific growth trends: energy, automation, and healthcare.
Steve Pykett, CEO of Fairbanks Morse Defense, said, “Truflo Marine’s
suite of highly-engineered products…perfectly complements our existing
build-to-print capabilities.”
Pykett added that
combining Truflo’s design expertise with FMD’s manufacturing and service
network positions the company to deliver integrated valve solutions to allied
naval forces.
The sale is subject to customary closing
conditions, including regulatory review and approval.
