The deal, first announced in December 2025, has now closed. The total consideration of US$4.775 billion was funded through a combination of cash and equity.

SPX Flow provides highly engineered process technologies serving industrial, chemical, energy, nutrition, health and personal care markets. The company, which had 2025 revenue of more than US$1.3 billion, delivers solutions for mixing, blending, fluid handling, separation and thermal transfer, supporting critical production operations worldwide.

“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,” said Luca Savi, ITT’s CEO and president.

As part of the transaction, ITT’s Industrial Process segment has been renamed Flow Technologies, effective immediately. SPX Flow will operate within the new platform under the leadership of Bartek Makowiecki, SVP, chief strategy officer and president, Flow Technologies.