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IMI to acquire Italy's iSMA Controlli for €63m

By Iain Gilbert

Date: Wednesday 07 Oct 2026

(Sharecast News) - Engineering firm IMI has agreed to buy iSMA Controlli, an Italian building‑automation specialist, in a deal valued at €63m, with the business set to join the group's climate control division.
IMI said the acquisition brings iSMA Controlli's open, scalable automation platform into its smart‑connected product offering, broadening the...

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