IMI Plc - Company Profile
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IMI Plc (IMI), formerly, Imperial Metal Industries, is a provider of precision fluid engineering solutions. The company designs, manufactures and services engineered products that control the precise movement of fluids. It is a supplier of hydronic distribution systems and it also designs and develops heating and cooling systems. These products have applications in various industries such as fossil and nuclear power generation; oil and gas; energy; petrochemical; commercial vehicles and life sciences. The company has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific. IMI is headquartered in Birmingham, West Midlands, the UK.
Headquarters
United Kingdom
Address
Lakeside, Solihull Parkway, Birmingham, England, B377XZ
Website
www.imiplc.com
Telephone
44 121 7173700
No of Employees
10,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
IMI (LON)
Revenue (2023)
$2.7B
7.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
4.9%
(2023 vs 2022)
Market Cap*
$5.8B
Net Profit Margin (2023)
XYZ
-2.1%
(2023 vs 2022)
* As of and is in US$
IMI Plc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Turbine Bypass Valves | Norgren |
| Anti-Surge Valve | Bimba |
| Actuator Systems | Buschjost |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In June, Norgren announced its plans to display its new bike repair products at the inaugural revolution national e-bike trade and consumer show. |
| 2022 | Contracts/Agreements | In December, the company acquired Heatmiser UK, a smart domestic thermostat manufacturer. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired the US-based CorSolutions. |
Competitor Comparison
| Key Parameters | IMI Plc | Parker Hannifin Corp | Dover Corp | Aalberts Industries NV | ITT Inc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United States of America | Netherlands | United States of America |
| City | Birmingham | Cleveland | Downers Grove | Langbroek | Stamford |
| State/Province | England | Ohio | Illinois | - | Connecticut |
| No. of Employees | 10,000 | 62,730 | 25,000 | 14,055 | 10,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lord Smith of Kelvin | Chairman | Executive Board | 2015 | 78 |
| Daniel Shook | Finance Director; Director | Executive Board | 2015 | 55 |
| Louise Waldek | General Counsel; Secretary | Senior Management | 2021 | - |
| Jackie Hu | Divisional Managing Director- IMI Critical Engineering | Senior Management | 2019 | - |
| Beth Ferreira | Divisional Managing Director-IMI Precision Engineering | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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