Add-on
Arcline-backed Fairbanks Morse Defense completes acquisition of Truflo Marine
Birmingham, UK-based naval valve maker formerly part of IMI plc; the deal adds a facility and about 270 employees.
Truflo Marine makes valves for naval platforms, with products operational in more than 37 allied navies. It has an extensive presence in the United Kingdom and Australia and provides sustainment for the AUKUS submarine program. The acquisition includes Truflo Marine's Birmingham facility and approximately 270 employees.
IMI first announced the sale on November 24, 2025. The sale completed on November 6, 2026, at an enterprise value of £225 million under IFRS, IMI said.
Deal facts
- Target
- Truflo Marine
- Business
- Birmingham, UK-based valve and actuator maker for naval vessels, formerly part of IMI plc
- Acquirer
- Fairbanks Morse Defense
- Backed by
- Arcline Investment Management
- Seller
- IMI plc
- Deal type
- Add-on
- Headquarters
- Birmingham, UK
- Value
- £225 million enterprise value (IFRS)
- Status
- Completed
- Completion reported
- Monday, November 9, 2026
Sources
- Business WireNov 9, 2026
- Business WireNov 9, 2026
- Yahoo FinanceNov 9, 2026
- Share PricesNov 8, 2026
- MarketScreenerNov 9, 2026
- IMINov 24, 2025
- IMINov 9, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.