IMI plc is a specialist engineering company that designs, manufactures and services highly engineered products controlling the precise movement of fluids for critical applications across process automation; industrial automation; climate control; life sciences and fluid control; and transport sectors. The company operates through three main divisions--IMI Precision Engineering, IMI Hydronic Engineering, and IMI Critical Engineering--offering products such as severe-service valves and actuators, high-performance pneumatic motion control components including sensors, grippers and suction cups, hydronic balancing and control valves for heating and cooling systems, connected smart thermostats, and components for emissions reduction, fuel cell and battery thermal management in commercial vehicles. IMI plc employs over 12,000 people in more than 50 countries with manufacturing in 20 countries; targets energy, industrial, building, life sciences and transport markets; and maintains headquarters in Birmingham, UK, where it relocated in 2003 after tracing origins to 1862. Recent developments include the October 2024 acquisition of TWTG Group B.V., a Rotterdam-based leader in smart connected asset monitoring and IIoT solutions for process industries, for €25m to expand aftermarket offerings in Process Automation; the November 2025 agreement to sell Truflo Marine to Fairbanks Morse Defense; the 2022 acquisition of Heatmiser for £110m to bolster smart thermostatic controls; and plans for a new $38m manufacturing facility in Lake Forest, California, USA, to support IMI CCI brand valves and actuators while enhancing sustainability.