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05.12.25 - 12:36
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ITT to Acquire SPX FLOW, Significantly Expanding Leadership Position in Highly Engineered Components and Adjacent Flow Technologies (Business Wire)
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Adds core and adjacent flow technologies with market leadership in critical applications
Strengthens ITT's leadership in core industrial, chemical and energy markets; establishes leading positions in attractive, close adjacencies in health and nutrition, enhancing end market mix
$1.3 billion SPX FLOW sales and greater than 21% EBITDA margin (22% adjusted) in trailing twelve months adds resilient, high-margin revenue streams
43% aftermarket revenue doubles Industrial Process segment aftermarket sales
$80 million expected run rate of cost synergies by end of year three and opportunity for incremental revenue growth leveraging ITT's proven ability and track record of outperforming underlying markets
Expected to be immediately accretive to ITT's gross margin and adjusted EBITDA margin with adjusted EPS accretion anticipated in 2026 and double digits anticipated during the first full year post-close excluding amortization of intangibles
ITT to host conference call and webcast today at 8:30 a.m. Eastern Time...
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03.12.25 - 23:06
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ITT Inc. Board Appoints Nazzic S. Keene Non-Executive Board Chair; Keene to Succeed Timothy H. Powers (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--December 3, 2025-- ITT Inc. (NYSE: ITT) today announced that its Board of Directors has appointed Nazzic S. Keene to succeed current Board Chair, Timothy H. Powers, effective upon Mr. Powers' retirement and following Ms. Keene's election at the May 2026 Annual Meeting of Shareholders. The Company had previously disclosed Mr. Powers' plan to retire in 2026.
Ms. Keene has served as a director of the Company since October 2023, and also as a member of its Nominating and Governance and Audit Committees. She brings extensive public company leadership experience as a former CEO with a record of driving growth and transformational change. She also has significant experience as a public company director with deep expertise in information technology, mergers and acquisitions and integration.
Ms. Keene retired in 2023 as CEO and a director of Science Applications International Corporation (NYSE: SAIC), a multi-billion-dollar global provider of IT modernization, engineering and m...
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21.11.25 - 19:45
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What Makes ITT (ITT) a New Buy Stock (Zacks)
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ITT (ITT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term....
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18.11.25 - 12:36
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ITT′s Svanehøj Acquires KOHO, Expanding Portfolio with Compressor Technology for Growing Gas Solutions Market (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 18, 2025-- ITT Inc. (NYSE: ITT) today announced that its Svanehøj business, a leading designer and manufacturer of specialized cryogenic pumps and aftermarket services for the marine sector, has acquired Köhler & Hörter GmbH (KOHO). KOHO, a small family-owned company based in Hagen, Germany, is an expert in high-quality compressors for a wide range of industries including shipbuilding.
The acquisition significantly expands Svanehøj's capabilities beyond pumps and into compressors, which are critical components for handling hydrogen, hydrocarbons and other demanding gases. By integrating KOHO's reciprocating compressor systems into its existing portfolio of cryogenic pump and tank control technology, Svanehøj now offers a wider range of solutions for liquefied gas applications. This positions ITT as a differentiated provider of mission-critical components for the energy transition, enabling customers to manage both liquid and gaseous fuels with a single truste...
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