- Half-year dividend increased by 10 per cent
- Strong demand from natural gas and downstream energy
Valves and actuator manufacturer IMI (IMI) has decided to rename its divisions. It is splitting the company between automation and ‘life technology’. The former will include the critical engineering (previously process automation) and precision industrial automation divisions, while the latter will include transportation, climate control (formerly hydronic engineering) and life science & fluid control (previously precision fluid).