STAMFORD, CT, Mar 2, 2026 – ITT Inc. has closed its $4.775 billion acquisition of SPX FLOW, completing the deal announced in December 2025. The transaction was funded through a mix of cash and equity.
“Today marks an exciting milestone as we welcome 3,900 new ITTers to our company. With the addition of SPX FLOW’s leading technologies, strong brands and deep engineering expertise, Engineered for Life becomes even more meaningful for ITT. This acquisition is an acceleration towards our 2030 long-term strategic goal of enterprise portfolio transformation, four years ahead of plan. Today, ITT’s portfolio is more resilient and increasingly concentrated in higher-growth, higher-margin businesses. The combination of SPX FLOW and ITT’s Industrial Process business creates a robust, global flow technologies platform positioned for sustained, long-term profitable growth. Together, we will leverage our complementary strengths and ITT’s relentless focus on customers, on continuous improvement and differentiation in execution and innovation. This is a defining moment for ITT and for our new Flow Technologies platform, and it will create significant value for our customers, our employees and our shareholders,” said Luca Savi, ITT’s chief executive officer and president.
ITT’s Industrial Process (IP) segment is renamed as Flow Technologies. SPX FLOW is a part of Flow Technologies, which is led by Bartek Makowiecki, senior vice president, chief strategy officer and president, Flow Technologies.
Source: SPX Flow
About ITT FLOW Technologies
ITT Flow Technologies is a business unit of ITT Inc., headquartered in Stamford, CT. ITT Inc. was founded in 1920 as International Telephone & Telegraph. The Flow Technologies segment designs and manufactures pumps, valves, flow control equipment and related systems for industrial and energy markets. Its products serve industries including chemical processing, power generation, oil and gas, food and beverage, and water and wastewater treatment. Customers include plant operators, engineering firms and OEMs that require engineered fluid handling solutions. The business also provides aftermarket services, including maintenance and parts support for installed equipment.
About SPX Flow
SPX FLOW, based in Charlotte, NC, designs and manufactures process technologies for mixing, blending, fluid handling, separation, and heat transfer. Its equipment supports applications in the food and beverage, health and nutrition, chemical, power, and industrial sectors. The company serves food processors, chemical plants, and utilities with mixers, pumps, valves, heat exchangers, and complete process systems. Originally part of SPX Corporation, SPX FLOW became an independent company in 2015 but traces its roots to 1912. It operates in more than 25 countries and sells products in over 140. The company employs about 3,900 people worldwide and holds more than 400 global patents.