IMI plc completes acquisition of Analytical Flow Products
August 20, 2013
On August 22, 2013, IMI plc (IMI), the international engineering group, announced the acquisition of Analytical Flow Products (AFP). IMI paid an initial consideration of £5M for AFP and could potentially pay further deferred consideration of up to £36M based on performance over the next 5 years.
IMI, headquartered in Birmingham, England, is an international engineering company.
AFP, headquartered in Quebec, Canada is a manufacturer of analytical hardware and analytical devices.
McCarthy Tétrault LLP represented IMI plc as acquiror, with a team that was led by Véronique Wattiez-Larose.