ITT acquires SPX Flow
ITT Inc., based in Stamford, Connecticut, has completed its acquisition of SPX Flow for $4.775 billion. This strategic transaction enhances ITT's capabilities in the engineered equipment and process technologies sector. Initially announced in December 2025, the deal was finalized with the integration of SPX Flow’s 3,900 employees into ITT’s operations, marking a significant expansion of ITT's industrial portfolio.
The acquisition strengthens ITT's standing in flow and process technologies by adding new competencies in mixing, blending, fluid handling, separation, and thermal transfer. SPX Flow, known for its expertise in these areas, generated over $1.3 billion in revenue in 2025 and achieved a 14% growth in organic orders, underscoring robust demand as it enters 2026. In response to the acquisition, ITT has rebranded its Industrial Process segment as Flow Technologies, which now includes SPX Flow's extensive array of centrifugal and twin-screw pumps, engineered valves, and process systems.
This move reflects ITT's strategic shift towards a more comprehensive and resilient suite of solutions aimed at delivering sustainable, long-term growth. By incorporating SPX Flow's offerings, ITT enhances its ability to serve a broader spectrum of industries including industrial, chemical, energy, nutrition, and health markets. The combined resources are expected to foster a higher-growth platform with an emphasis on profitability.
In the context of the engineered equipment sector, the acquisition positions ITT as a more formidable competitor, potentially exerting additional pressure on rivals. The integration of SPX Flow into ITT's framework could recalibrate competitive dynamics by broadening the scope and depth of services offered. For ITT, the acquisition represents a strategic allocation of capital designed to bolster its market presence and strengthen its technological edge in process and flow technologies.
Looking forward, the completion of this transaction marks a pivotal moment for ITT as it seeks to capitalize on its expanded capabilities. While no immediate regulatory hurdles are anticipated, successful integration will be crucial for realizing the expected synergies and maintaining momentum in the evolving industrial landscape.
Deal timeline
This transaction is classified in engineered equipment and process technologies with a reported deal value of $4.775B. Figures and status may change as sources update.