Birmingham, UK-based IMI has recently completed the acquisition of the severe service valves business of ABB KK in
IMI also announced that it has acquired, from private shareholders, Northern Parts and Service, a distributor of food and beverage equipment parts to the
The consideration to be paid in cash for Northern is $15 million. 2005 unaudited revenues were $26 million.
Northern, with a team of 60 people located in
IMI Executive Director Wayne Whitney, commented: “The strong customer relationships of Northern, together with the capabilities of our existing Beverage Dispense parts operation, position us to provide outstanding parts management solutions to all the leading