Energy & Power

IMI PLC

Company Profile Analysis

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IMI PLC - Energy & Power showcase

Year Founded & Workforce

1861-12-31

11,100 Employees

Industry

Energy & Power

Services

I

IMI PLC Overview

Company Headquarters: Birmingham, UK

Founded: 1862

Workforce: ~11,100

Company Working: IMI plc is one of the leading providers of critical flow control solutions, developing motion and fluid control technologies, and products for hydronic distribution systems that control the movement of fluids. It operates in three divisions namely, precision engineering, hydronic engineering, and critical engineering. Industrial valves are offered under the critical engineering division. It caters to various end-use applications, such as power, oil & gas, petrochemical, actuation, industrial automation, commercial vehicle, and refineries.

Some of the subsidiaries of IMI plc are Norgren Limited, Flow Design, Inc., IMI Americas Inc., Control Components Inc., Norgren Inc, and Commtech Ltd. It operates in over 140 nations, such as the US, France, India, and the UK. It primarily competes with companies, such as are Schlumberger Limited, Flowserve Corporation, Crane Co, and AVK Holding A/S.

Strategy

IMI strategizes to develop new products and technologies to enhance its growth in the global market. It has been focusing on investing in R&D to compete in a highly competitive market. Furthermore, the company is also focused on increasing its market share through targeted acquisitions, improving operational performance, and funding in product development activities. This has helped it gain a competitive edge over its peers in the global market. Moreover, it has been focusing on reinvesting in other core business segments to improve its financial position.

Company Snapshot

$2,395.6M

Revenue

11,100

Employees

1861-12-31

Founded

Birmingham, UK

Headquarters

SWOT Analysis

Strengths

  • Strong research and development capabilities
  • Focus on product development
  • Increase in revenue generation

Weaknesses

  • Limited brand recognition

Opportunities

  • Development of new technologies for control valves

Threats

  • Increasing competition due to the introduction of advanced products
  • Changing trade policies

Key Developments

DateApproachDevelopment
April 2018Contracts and AgreementsIMI plc received a contract for triple eccentric butterfly valves for Fluid Catalytic Cracking (FCC) applications. This contract was worth USD 1.5 million and enabled the company to expand its business in the control valve market

Product Offering

  • IMI PLC
    • Industrial Valves

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles IMI PLC as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

IMI PLC

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