ITT Inc. Set to Acquire SPX FLOW for $4.775 Billion, Expanding Industrial Portfolio
December 5, 2025
ITT will host a conference call and live webcast on December 5, 2025 at 8:30 a.m. ET to discuss the deal and provide investor materials.
The transaction values SPX FLOW at roughly 14.2x forecasted full-year 2026 adjusted EBITDA (or 11.5x including expected cost synergies) and is expected to be accretive to ITT’s gross and adjusted EBITDA margins.
ITT projects run-rate cost synergies of about $80 million by year three post-close, with immediate margin accretion and double-digit adjusted EPS growth in the first full year after closing.
ITT Inc. has agreed to acquire SPX FLOW from Lone Star Funds for $4.775 billion in cash and stock, expanding ITT’s portfolio in highly engineered flow technologies and adjacent markets.
The deal value is reported at more than $4.5 billion in talks, with casual terms indicating a cash and equity consideration.
Upon closing, SPX FLOW will join ITT’s Industrial Process segment, bringing brands like Waukesha Cherry-Burrell, Lightnin, and Bran+Luebbe and expanding capabilities across pumps, valves, mixers, and related flow solutions.
The release includes standard forward-looking statements and discusses integration risks, potential synergies, currency and geopolitical risks, with non-GAAP measures and reconciliations provided.
Strategically, the acquisition aligns with ITT’s 2030 vision, broadens total addressable market, and enhances growth through an expanded portfolio and potential long-term value via M&A.
The deal adds premier brands and global capabilities, strengthening ITT’s reach in industrial, chemical, energy, mining, nutrition, health and personal care end markets, in line with an M&A-driven portfolio strategy.
Industry chatter suggests a deal could be announced within days, though negotiations remain ongoing and terms could change or fail.
Goldman Sachs & Co. and UBS Investment Bank are serving as financial advisors to ITT, with Paul Hastings LLP as legal counsel.
Post-close, SPX FLOW will be part of ITT’s Industrial Process segment, expanding presence in pumps, valves, mixers, and related flow solutions across multiple end markets.
Summary based on 4 sources
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Sources

Investing.com • Dec 5, 2025
ITT in advanced talks to buy SPX Flow in $4.5 bln-plus deal – Bloomberg

