ITT to acquire SPX FLOW

This represents 14.2 times SPX FLOW’s forecasted full year 2026 adjusted EBITDA, or 11.5 times including expected cost synergies.

The acquisition of SPX FLOW adds critical equipment and adjacent flow and process technologies that extend ITT’s capabilities to address complex customer challenges across growing end markets with secular trends, including industrial, chemical, energy, mining, nutrition, and health and personal care. The US-based company brings premier brands and longstanding blue-chip customer relationships along with technical expertise aftermarket services for pumps, valves, mixers, and other flow and process solutions. In the trailing 12-month period ended 27 September 2025, SPX FLOW generated US$1.3 billion in revenue with approximately 42% gross margin and greater than 21% EBITDA margin (22% adjusted), with 43% aftermarket sales. Upon close, SPX FLOW will join ITT’s Industrial Process (IP) segment. IP is a global player in centrifugal and twin-screw pumps and engineered valves with approximately US$1.4 billion in revenue in 2024.

“Joining ITT marks the beginning of an exciting new chapter for our company. ITT’s Industrial Process businesses are a natural fit for SPX FLOW’s industrial, health, and nutrition brands. By leveraging our joint global capabilities, we can provide customers with the technology, engineering, and operational capabilities to create solutions for their process needs, resulting in exceptional business performance,” said Marc Michael, President and CEO, SPX FLOW.

Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/09122025/itt-to-acquire-spx-flow/