IMI agrees EUR 63 million iSMA deal while IMI stock trades at EUR 35.10

Published on 10/20/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

IMI agreed a EUR 63 million iSMA CONTROLLI deal on October 7, 2026. IMI stock costs EUR 35.10 on October 20, 2026.

Half-year revenue anchors the story

IMI agreed the EUR 63 million iSMA CONTROLLI acquisition on October 7, 2026.
First-half 2026 revenue reached GBP 1.159 billion, up 6.00 percent year over year.
IMI stock trades at EUR 35.10 at 1:10 p.m. CEST at Lang & Schwarz on October 20, 2026.

Arbeiter montieren große Industrieventile in moderner Fabrikhalle mit blauen Aktuatoren — IMI plc GB00B1905F76 zeigt Industriearbeiter bei sorgfältiger Präzisionsmontage großer Ventile in moderner Fabrikhalle, Illustration mit AI erstellt.

IMI (GB00BGLP8L22) agreed to acquire building automation specialist iSMA CONTROLLI for an enterprise value of EUR 63 million on October 7, 2026, according to MarketScreener. IMI stock was at EUR 35.10 at Lang & Schwarz on October 20, 2026 at 1:10 p.m. CEST.

Three dates shape IMI

IMI reported first-half 2026 revenue of GBP 1.159 billion on July 31, up 6.00 percent from GBP 1.091 billion a year earlier, according to FINCHANNEL. On October 1, IMI admitted 3,012 ordinary shares to trading, as reported by Financial Times. The October 7 acquisition then became the latest dated corporate event.

What supports the acquisition?

The deal adds a building automation specialist to IMI's Climate Control business. The acquired company is expected to contribute building controls for commercial properties, while IMI's first-half adjusted operating profit reached GBP 217 million and its adjusted operating margin was 18.70 percent, compared with 18.20 percent a year earlier, according to FINCHANNEL. That combination gives investors a concrete scale and margin reference for the acquisition story.

On October 13, 2026, Chief Executive Roy Twite, Chief Financial Officer Luke Grant and Chief People Officer Elizabeth Rose each purchased five IMI shares at GBP 30.78 through the employee ownership plan, according to Investegate.

Which dates come next?

MarketScreener lists October 28, 2026 as the next sales and revenue release date, while FINCHANNEL identifies October 29, 2026 for the next trading update. The dates will provide the next quantified test of demand after the acquisition announcement.

Analyst target stays above the quote

MarketBeat reported on October 18, 2026 that six analysts had a Moderate Buy consensus and an average 12-month target of GBp 3,171.67. Deutsche Bank's target was GBp 3,440, while RBC held a sector-perform view with a GBp 2,850 target. These sterling targets are separate from the euro quotation used for the German market perspective.

IMI stock stays in trading view

IMI operates in fluid and motion control across energy, automation and healthcare, with the iSMA CONTROLLI transaction adding a building automation angle. At Lang & Schwarz, the stock was trading at EUR 35.10 on October 20, 2026 at 1:10 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of IMI stock.