Skip to content
Home » News » Business » ITT closes $4.8B SPX FLOW deal

ITT closes $4.8B SPX FLOW deal

ITT Inc. has completed its $4.775 billion acquisition of SPX FLOW, expanding its footprint in global flow and process technologies.

The Stamford, Connecticut-based manufacturer announced Monday that it closed the deal for SPX FLOW, which serves industrial, chemical, energy, nutrition, health and personal care markets .

DiSanto Propane (Billboard)

ITT first announced the agreement in December, saying it would fund the purchase through a mix of cash and equity .

SPX FLOW reported more than $1.3 billion in revenue in 2025 and posted 14% organic orders growth, according to ITT . The company employs about 3,900 people, who now join ITT .

“Today marks an exciting milestone as we welcome 3,900 new ITTers to our company,” said Luca Savi, ITT’s chief executive officer and president .

ITT said the acquisition accelerates its long-term strategic goal of reshaping its enterprise portfolio by 2030 .

As part of the transaction, ITT renamed its Industrial Process segment to Flow Technologies, effective immediately . SPX FLOW will operate within that segment under the leadership of Bartek Makowiecki, senior vice president, chief strategy officer and president of Flow Technologies .

The combined platform brings together ITT’s centrifugal and twin-screw pumps, engineered valves and aftermarket services with SPX FLOW’s mixing, blending, fluid handling, separation and thermal transfer technologies .