On the Record · ITT
ITT acquisitions, on the record
The businesses ITT bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
CCT Micro-Mode Products, Inc.Word for word“May 2, 2023 Acquisition CCT Micro-Mode Products, Inc. Specialty designer and manufacturer of high-bandwidth radio frequency (RF) connectors for harsh environment defense and space applications.” 10-K for 2023 | acquisition | May 2, 2023 | — |
CCT Matrix Composites, Inc.Word for word“December 29, 2023 Divestiture CCT Matrix Composites, Inc. Manufacturer of precision composite components in the aerospace and defense market.” 10-K for 2023 | divestiture | December 29, 2023 | — |
IP Svanehøj Group A/SWord for word“January 19, 2024 Acquisition IP Svanehøj Group A/S Supplier of pumps and related aftermarket services with leading positions in cryogenic applications for the marine sector.” 10-K for 2023 | acquisition | January 19, 2024 | — |
Micro-Mode Products, Inc.Word for word“In 2023, we acquired Micro-Mode for a purchase price of $79.3.” 10-K for 2023 | acquisition | — | for a purchase price of $79.3 |
Matrix Composites, Inc. (Matrix business)Word for word“In addition, during 2023, we received proceeds of $10.5 from the sale of a product line within our CCT segment and $1.0 from the sale of our Matrix business, while in 2022 we received proceeds of $20.9 from the sale of facilities within our IP segment.” 10-K for 2023 | divestiture | — | — |
Denmark-based Svanehøj Group A/S ("Svanehøj")Word for word“We announced our intent to acquire Denmark-based Svanehøj Group A/S ("Svanehøj"), a leading provider of customized critical liquid and cryogenic pumps for liquefied gas applications for the marine sector, which will expand our international footprint and we expect will position us to benefit from the energy transition.” 10-K for 2023 | agreed acquisition | — | — |
HabonimWord for word“In 2022, we acquired Habonim for a purchase price of $139.9 and we purchased a minority investment in CRP Technology Srl and CRP USA LLC for $23.0.” 10-K for 2023 | acquisition | — | for a purchase price of $139.9 |
Svanehøj Group A/SWord for word“In January, we acquired Svanehøj for $407.6, a leading provider of customized critical liquid and cryogenic pumps for liquefied gas applications for the marine sector .” 10-K for 2024 | acquisition | — | $407.6 |
kSARIA Parent, Inc.Word for word“In September, we acquired kSARIA for a preliminary purchase price of $461.8.” 10-K for 2024 | acquisition | — | preliminary purchase price of $461.8 |
Wolverine Advanced MaterialsWord for word“In July, we completed the sale of Wolverine business for a price of $186.2 (or $177.9, net of cash divested).” 10-K for 2024 | divestiture | — | $186.2 |
Matrix Composites, Inc.Word for word“December 29, 2023 Divestiture CCT Matrix Composites, Inc.("Matrix") Manufacturer of precision composite components in the aerospace and defense market.” 10-K for 2024 | divestiture | December 29, 2023 | — |
SPX FLOW, Inc.Word for word“On December 4, 2025, we entered into a Membership Interest Purchase Agreement (the "Purchase Agreement") with LSF11 Redwood Parent, L.P., LSF11 Redwood TopCo LLC (the "Target") and ITT Industries Holdings, Inc., our wholly owned subsidiary, to acquire SPX FLOW, Inc. ("SPX FLOW"), a subsidiary of the Target and a leading provider of pumps, valves, mixers, aftermarket services, and other flow and process solutions (the "Acquisition"), for an aggregate purchase price of approximately $4,775 payable at closing of the Acquisition, comprised of $4,075 in cash and 3,839,824 shares of our common stock, subject to customary closing conditions, including regulatory approvals.” 10-K for 2025 | agreed acquisition | December 4, 2025 | approximately $4,775 |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $8.8 million | — |
| 2017-12-31 | $113.7 million | $91.2 million |
| 2018-12-31 | $0 | — |
| 2019-12-31 | $113.1 million | $54.4 million |
| 2020-12-31 | $4.7 million | — |
| 2021-12-31 | $0 | — |
| 2022-12-31 | $146.9 million | $63.2 million |
| 2023-12-31 | $79.3 million | $44.6 million |
| 2024-12-31 | $864.8 million | $459.9 million |
| 2025-12-31 | $6.8 million | $11.1 million |
Deal filings since 2016
- 2026-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-11-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from ITT’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.