Deal Details

Sale to The Marmon Group

---

Summary

About

IMI plc (LSE: IMI) recently completed the sale of its Beverage Dispense and Merchandising divisions to The Marmon Group ("Marmon"), a Berkshire Hathaway company, for approximately $1.1 billion.

IMI plc’s Beverage Dispense division is a global leader in beverage dispensing solutions and associated merchandising for leading brand owners and major retailers. Beverage Dispense includes the Cornelius, 3-Wire and Display Technologies businesses. IMI plc is headquartered in Birmingham, United Kingdom.

IMI plc’s Merchandising division is a global provider of retail merchandising and marketing solutions and includes the DCI-Artform and Cannon Equipment businesses. DCI-Artform’s unique use of analytical and data driven Retail Science methodologies and end-customer insights benefits brands and retailers by driving measurable increases in end-customer loyalty, sales and return-on-investment and brand compliance. DCI-Artform works with some of the world’s leading brands and retailers across a variety of attractive and growing end markets, most notably Transportation, Cosmetics, Consumer Electronics and Grocery. Cannon Equipment manufactures material handling carts and automation equipment used in the dairy, newspaper and various other industries.

The Marmon Group is a global, diversified industrial organization. Marmon comprises three autonomous companies consisting of approximately 160 independent manufacturing and service businesses. These businesses operate approximately 300 manufacturing, distribution and service facilities, and employ more than 17,000 people worldwide. The Marmon Group is headquartered in Chicago, Illinois.

---

For additional information about this transaction, please contact: