Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

IMI to buy German valve firm for pounds 130m

Friday 15 September 1995 23:02 BST
Comments

IMI to buy German valve firm for pounds 130m

IMI, the copper tube and plumbing fittings group, is to buy Heimeier, Germany's largest manufacturer of thermostatic radiator valves. The pounds 130m acquisition is to be part financed by a placing of shares to raise pounds 47m.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in