ITT has officially closed its acquisition of SPX FLOW, a leading provider of engineered equipment and process technologies for industrial, chemical, energy, nutrition, and health and personal care markets. The $4.775 billion deal, announced in December 2025, was funded through a mix of cash and equity.
SPX FLOW brings global expertise in mixing, blending, fluid handling, separation, and thermal transfer, with a portfolio designed to boost efficiency, product quality, and operational performance. The company posted more than $1.3 billion in revenue in 2025, with organic orders growth of 14%, meeting ITT’s expectations and setting a strong pace into 2026.
“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.
In a major rebranding move, ITT’s Industrial Process segment is now called Flow Technologies. SPX FLOW will operate under this new global platform, led by Bartek Makowiecki, Senior Vice President, Chief Strategy Officer and President of Flow Technologies.
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