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Addleshaw Goddard-Led IMI To Sell Unit To US Biz For £225M

By Dawood Fakhir ( November 25, 2025, 2:42 PM GMT) -- British engineering company IMI said Monday that it has agreed to sell its valves- and actuators-making business Truflo Marine to private equity-backed U.S. firm Fairbanks Morse Defense for £225 million ($295 million) in a deal guided by Addleshaw Goddard LLP....

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