ITT Completes $4.8B Acquisition of SPX FLOW, Issues 3.8M Shares
ITT INC.
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Filing Summary
ITT Inc. has completed its acquisition of SPX FLOW for a total purchase price of approximately $4.775 billion. The consideration consisted of ~$4.075 billion in cash and the issuance of 3,839,824 shares of ITT common stock (valued at approximately $0.7 billion).
Comprehensive Analysis
Acquisition Completion: SPX FLOW
ITT Inc. (NYSE: ITT) has finalized its acquisition of LSF11 Redwood TopCo LLC, the parent company of SPX FLOW, Inc., effective March 2, 2026.
Transaction Highlights:
- Total Purchase Price: Approximately $4.775 billion.
- Cash Consideration: ~$4.075 billion.
- Stock Consideration: 3,839,824 shares of ITT Common Stock issued to the Seller (LSF11 Redwood Parent, L.P.).
- Valuation of Stock: The filing estimates the stock portion at approximately $0.7 billion.
Agreements:
- Registration Rights Agreement: ITT entered into an agreement with the Seller to register the issued stock consideration for resale, including shelf registration rights to be filed within 90 days.
This strategic move expands ITT's portfolio in engineered equipment and process technologies for industrial, health, and nutrition markets.
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