IMI plc
IMIAY
Other OTC35.20
USD
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IMI plc
IMIAY
(Other OTC)
Recent
price
35.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- IMI plc (LSE: IMI; OTC: IMIAY) is a global engineering company specializing in the design, manufacture, and supply of mission-critical flow control products and services for industries including energy, water, life sciences, and transportation. The company offers a broad portfolio of products such as precision valves, actuators, and pneumatic devices under its core divisions—IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering—including specialized solutions like severe service valves for power plants; hydraulic and pneumatic motion control systems for rail and commercial vehicle applications; and hydronic balancing valves, sensors, and controls for sustainable building heating and cooling. IMI plc operates in over 50 countries with manufacturing facilities across Europe, North America, and Asia, serving major customers in oil and gas, renewables, pharmaceuticals, and infrastructure sectors; founded in 1862, the company is headquartered in Birmingham, United Kingdom. In recent developments, IMI plc completed the strategic divestiture of its Critical Engineering business to a private equity consortium in 2023, enabling a sharper focus on high-growth segments like sustainable technologies and electrification; the company also launched new low-carbon valve solutions for hydrogen and carbon capture applications in 2024, alongside expanding partnerships with renewable energy firms for green hydrogen infrastructure projects. Additionally, IMI plc announced enhancements to its Norgren brand portfolio in precision engineering for automation and robotics in late 2024, supporting business expansion amid rising demand for energy-efficient fluid control systems.