Charlotte, North Carolina, December 6, 2025
ITT Inc. has entered a definitive agreement to acquire SPX FLOW for approximately $4.8 billion. This strategic acquisition aims to strengthen ITT’s position across various industrial sectors, including chemical and energy markets. The integration is expected to be finalized by the end of the first quarter of 2026, representing a significant investment in both ITT and the Charlotte economy. The deal’s structure involves cash and ITT common stock, with SPX FLOW projected to enhance ITT’s revenue and market presence.
Charlotte, North Carolina
ITT Inc. to Acquire SPX FLOW for $4.8 Billion
Stamford-based ITT Inc. has announced a definitive agreement to acquire Charlotte, North Carolina-based SPX FLOW for approximately $4.8 billion. This strategic move aims to enhance ITT’s position in industrial, chemical, energy, mining, nutrition, and health and personal care markets. The acquisition is expected to close by the end of the first quarter of 2026.
In an environment where entrepreneurial innovation drives success, ITT’s acquisition of SPX FLOW highlights the tenacity and vision of local businesses. This merger not only signifies a major investment in the Charlotte economy but also showcases a continuation of trends that support the growth of our industrial sector. By reducing regulatory burdens, companies can thrive, creating jobs and stimulating economic opportunities for all residents.
As industries adapt to changing market demands, this move underscores the ongoing commitment to integrating advanced technologies and processes that serve diverse sectors. By supporting local entrepreneurs and leveraging their capabilities, Charlotte stands to benefit significantly in returning to pre-pandemic economic levels and beyond.
Transaction Details
The deal comprises a combination of cash and $700 million in ITT common stock issued to Lone Star Funds, the current owner of SPX FLOW. Post-acquisition, SPX FLOW will integrate into ITT’s Industrial Process segment, which reported approximately $1.4 billion in revenue in 2024, reinforcing ITT’s market position.
Financial Performance
For the trailing twelve months ending September 27, 2025, SPX FLOW generated $1.3 billion in revenue with a gross margin of about 42% and an EBITDA margin exceeding 21%. Importantly, aftermarket sales account for 43% of its revenue, adding a layer of stability and potential growth to ITT’s existing operations.
Strategic Implications
This acquisition is poised to immediately enhance ITT’s gross and adjusted EBITDA margins. The company anticipates adjusted earnings per share accretion in 2026, signaling a commitment to shareholder value that is often bolstered by strategic partnerships and acquisitions within the industry.
Market Reaction
Following the acquisition announcement, ITT’s stock closed at approximately $181, reflecting a 1% decrease from the prior close. However, it’s noteworthy that the company’s stock price has appreciated about 28% since the start of the year, indicative of increasing investor confidence in ITT’s growth trajectory.
Analyst Perspective
The acquisition of SPX FLOW by ITT Inc. enhances the firm’s offerings in highly engineered components, positioning it to better tackle complex customer challenges across various growing markets. The expected integration is not only likely to improve financial performance but also to solidify ITT’s place as a leader in essential industries.
Frequently Asked Questions (FAQ)
What is the value of the acquisition between ITT Inc. and SPX FLOW?
The acquisition is valued at approximately $4.8 billion, comprising a combination of cash and $700 million in ITT common stock issued to Lone Star Funds, the current owner of SPX FLOW.
When is the acquisition expected to close?
The acquisition is expected to close by the end of the first quarter of 2026, subject to customary closing conditions, including regulatory approvals.
How will SPX FLOW integrate into ITT Inc.?
Upon completion, SPX FLOW will integrate into ITT’s Industrial Process segment, which reported approximately $1.4 billion in revenue in 2024.
What are the financial highlights of SPX FLOW?
In the trailing twelve months ending September 27, 2025, SPX FLOW generated $1.3 billion in revenue with a gross margin of about 42% and an EBITDA margin exceeding 21%. Notably, 43% of its revenue comes from aftermarket sales, which is expected to bolster ITT’s existing operations.
How has the market reacted to the acquisition announcement?
Following the announcement, ITT’s stock closed at approximately $181, reflecting a 1% decrease from the previous close. However, the company’s stock price has risen about 28% since the beginning of the year.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquisition Value | Approximately $4.8 billion, comprising cash and $700 million in ITT common stock issued to Lone Star Funds. |
| Expected Closing Date | End of the first quarter of 2026, subject to customary closing conditions and regulatory approvals. |
| Integration into ITT | SPX FLOW will integrate into ITT’s Industrial Process segment, which reported approximately $1.4 billion in revenue in 2024. |
| SPX FLOW Financial Highlights | Generated $1.3 billion in revenue with a gross margin of about 42% and an EBITDA margin exceeding 21% in the trailing twelve months ending September 27, 2025. |
| Market Reaction | ITT’s stock closed at approximately $181, reflecting a 1% decrease from the previous close, with a 28% increase since the beginning of the year. |
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