IMI Plc (IMI) designs, builds, and services highly engineered products in fluid and motion control applications. The company focuses on five market sectors Process Automation, Industrial Automation, Climate Control, Life Science & Fluid Control, and Transport. In FY2025, IMI had more than 35,000 customers and 7,000 suppliers, with a capital expenditure of GBP98.6 million, which grew 7.8% year-over-year.

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IMI focuses its R&D initiatives on three major trends: Automation, Energy Efficiency, and Healthcare. The company collaborates directly with customers through its Growth Hub innovation engine to create specific, high-tech solutions. The Growth Hub is a unique innovation system where sprint teams solve complex problems and design custom controls and actuators, generating significant breakthrough orders. Additionally, IMI Plc is involved in digitalization by building smart, connected products, with its HySelect software being widely used to optimize fluid systems. The Life Science division is dedicated to developing miniature liquid control valves and ion detectors for mass spectrometry. The company is also engaged in green energy projects, particularly in developing hydrogen technology and testing valves for liquid hydrogen. The R&D unit of IMI Plc is the Growth Hub, which serves as the company's innovation system. Its role is to solve complex problems and design custom controls and actuators, contributing significantly to the company's R&D activities. In FY2025, the company spent GBP71.4 million on R&D, which as a percentage of revenue, stood at 3.1% and increased 5.9% YoY.