ITT Closes $4.8 Billion SPX FLOW Deal, Expands Flow Technologies Platform

ITT has completed its $4.775 billion acquisition of SPX FLOW, expanding its engineered flow technologies portfolio serving industrial and energy markets. The deal boosts recurring aftermarket exposure and supports ITT’s long-term portfolio transformation strategy.

(P&GJ) — ITT Inc. has completed its $4.775 billion acquisition of SPX FLOW, adding process technologies and engineered equipment businesses serving industrial, chemical and energy markets.

The deal, first announced in December 2025, was funded through a combination of cash and equity. SPX FLOW generated more than $1.3 billion in revenue in 2025 and reported 14% organic order growth.

SPX FLOW provides equipment and technologies used in mixing, blending, fluid handling, separation and thermal transfer processes. The company serves customers across industrial and energy sectors, with a large installed base supporting recurring aftermarket demand.

With the transaction complete, ITT’s Industrial Process segment has been renamed Flow Technologies. SPX FLOW will operate within the segment, led by Bartek Makowiecki, Senior Vice President, Chief Strategy Officer and President, Flow Technologies.

“This acquisition is an acceleration towards our 2030 long-term strategic goal of enterprise portfolio transformation, four years ahead of plan. 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,” said Luca Savi, ITT’s Chief Executive Officer and President.

ITT said the acquisition advances its long-term portfolio transformation strategy and strengthens its presence in higher-growth, higher-margin engineered flow technologies markets.