sale to IMI plc
Baird served as exclusive financial advisor to B&R’s shareholders on this transaction.
AboutIMI plc (“IMI”) (LSE: IMI) recently acquired B&R Holding GmbH (“Bopp & Reuther” or the “Company”) from a consortium of private investors.
Bopp & Reuther is a globally leading manufacturer of made-to-order, safety, control, shut-off and other specialty valves and valve systems for severe service applications. The Company’s solutions handle steam, gas and liquids in conventional and nuclear power plants and (petro) chemical processing plants. Bopp & Reuther also provides aftermarket services and spare parts to its international customer base. The Company is headquartered in Mannheim, Germany and has service centres in Germany, Austria, Romania and China.
IMI, the specialist engineering company, designs, manufactures and services highly engineered products that control the precise movement of fluids. Its technologies, built around valves and actuators, enable vital processes to operate safely, cleanly, efficiently and cost effectively. IMI, headquartered in Birmingham, United Kingdom employs over 12,000 people, has manufacturing facilities in more than 20 countries and operates a global service network.
For additional information about this transaction, please contact:
- January 2015
- B&R Holding GmbH
- Target Location
- Acquiror Location