ITT Inc. has successfully completed its acquisition of SPX Flow, Inc. for a total consideration of $4.775 billion, funded through a combination of cash and equity. SPX Flow reported revenue of over $1.3 billion in 2025, with organic orders growth of 14%. The company's strong performance reflects solid execution and a healthy underlying business environment.
As a result of the acquisition, ITT's Industrial Process (IP) segment is being renamed Flow Technologies. The combination of SPX Flow and ITT's industrial process business creates a robust, global flow technologies platform positioned for sustained, long-term profitable growth.
ITT's CEO and President, Luca Savi, stated that the acquisition represents an acceleration towards the company's 2030 long-term strategic goal of enterprise portfolio transformation, four years ahead of plan. He emphasized that ITT's portfolio is now more resilient and increasingly concentrated in higher-growth, higher-margin businesses.
Following the acquisition, ITT now has 3,900 new employees from SPX Flow. The addition of SPX Flow's leading technologies, strong brands, and deep engineering expertise is expected to strengthen ITT's position in the market and create significant value for customers, employees, and shareholders.
The press release did not provide specific financial metrics for ITT's Industrial Process segment or the newly acquired SPX Flow. However, it highlighted the strategic significance of the acquisition and the positive outlook for the combined entity. The market has reacted to these announcements by moving the company's shares 0.31% to a price of $183.65. For the full picture, make sure to review ITT INC.'s 8-K report.
