ITT Inc. announced Friday that it will acquire SPX Flow Inc. from Lone Star Funds in a sweeping $4.775 billion cash-and-stock transaction, a move that rewires the competitive landscape of global industrial equipment manufacturing.
A High-Stakes Move to Expand Fluid-Handling Power
ITT, known for its industrial pumps, precision valves and engineered systems that control fluids from factory floors to energy plants, said the deal will fold SPX Flow’s extensive lineup into its operations.
SPX brings a portfolio of mixers, specialized pumps and process-equipment technologies that serve markets stretching from food and nutrition to chemical and health industries — giving ITT a more comprehensive, end-to-end suite of solutions for complex fluid-handling and processing demands.
Closing Targeted for Early 2026
The acquisition is expected to close by the end of the first quarter of 2026, at which point SPX will be absorbed into ITT’s Industrial Process segment — a global leader in engineered pumps and valve technologies.
