IMI fundamentals

IMI Plc engages in the business of operating in fluid and motion control markets. It operates through the following segments: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. The IMI Precision Engineering segment focuses on designing and manufacturing motion and fluid control technologies where precision, speed, and reliability are essential to the processes in which they are involved. The IMI Critical Engineering segment provides flow control solutions that enable vital energy and process industries to operate safely, cleanly, reliably, and more efficiently. The IMI Hydronic Engineering segment includes providing technologies that deliver energy efficient water-based heating and cooling systems for the residential and commercial building sectors. The company was founded by George Kynoch in 1862 and is headquartered in Birmingham, the United Kingdom.