M&A Deal Summary

IMI Acquires Kloehn Company

On June 29, 2007, IMI acquired medical products company Kloehn Company for 60M USD

Acquisition Highlights
  • This is IMI’s 1st transaction in the Medical Products sector.
  • This is IMI’s 7th largest (disclosed) transaction.
  • This is IMI’s 4th transaction in the United States.
  • This is IMI’s 1st transaction in Nevada.

M&A Deal Summary
Date 2007-06-29
Target Kloehn Company
Sector Medical Products
Buyer(s) IMI
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

Kloehn Company

Las Vegas, Nevada, United States
Norgren Kloehn is one of the most recognized names in the custom design and manufacture of fluidic components and assemblies for the OEM instrument manufacturer. It is our mission to design and manufacture products that satisfy our customers' varying needs with 100% quality and on-time delivery, ensuring continuous growth and success.

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Buyer(S) 1

Buyer

IMI

Birmingham, United Kingdom
Category Company
Founded 1862
Sector Engineering
Employees10,771
Revenue 2.2B GBP (2023)
DESCRIPTION

IMI is a global engineering group focused on the precise control and movement of fluids in critical applications. IMI works with international companies in over 50 countries to deliver innovative engineering solutions to address global trends such as clean energy, energy efficiency, healthcare and increasing automation. IMI was founded in 1862 and is based in Birmingham, the United Kingdom.

DEAL STATS #
Overall 5 of 19
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 5 of 19
State (Nevada) 1 of 1
Country (United States) 4 of 8
Year (2007) 1 of 1
Size (of disclosed) 7 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-23 GT Development

Auburn, Washington, United States

GT Development provides customized on-board vehicle solutions for air management, braking systems, cab controls, fuel systems and seat controls, largely for class eight heavy duty truck manufacturers and their tier one and two OEM suppliers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-03 Control Components

California, California, United States

CCI is a world leader in the design, manufacture and service of control and isolation valves for the severe service applications of the fossil power, oil and gas and nuclear industries.

Buy -
Mergr

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