ITT to buy SPX Flow in nearly $4.8 billion deal

Reuters
2025.12.05 11:46
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Dec 5 (Reuters) - Industrial parts supplier ITTsaid on Friday that it will buy pump-maker SPX Flow from private equity firm Lone Star Funds in a cash-and-equity deal valued at $4.775 billion.The deal will immediately add to ITT’s margins and adjusted earnings per share in 2026, the company added.It also estimates $80 million run-rate of cost synergies by the end of three years after the deal closes, which is expected by the first quarter of 2026.

Dec 5 (Reuters) - Industrial parts supplier ITT (ITT.N) said on Friday that it will buy pump-maker SPX Flow from private equity firm Lone Star Funds in a cash-and-equity deal valued at $4.775 billion.

The deal will immediately add to ITT’s margins and adjusted earnings per share in 2026, the company added.

It also estimates $80 million run-rate of cost synergies by the end of three years after the deal closes, which is expected by the first quarter of 2026.

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