IMI to acquire iSMA Controlli for €63m
IMI will acquire iSMA Controlli for €63 million, integrating its automation platform to enhance IMI's smart building technology offerings.
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IMI acquires building-automation specialist iSMA Controlli for €63m
IMI has agreed to acquire iSMA Controlli, an Italian building-automation specialist, for €63m. The acquisition will see iSMA Controlli integrated into IMI's climate control division, bringing its automation platform into the group's offerings.