Bopp & Reuther was privately owned,
with its head office and manufacturing
plant located in Mannheim, Germany
about 70km from Frankfurt. It includes
five service centres with two in Germany,
and employs 419 people. Following the
acquisition, the current CEO Bernard
Engel and the management team, will
remain with the business.
Established over 135 years ago, Bopp &
Reuther is a pioneer in the valve industry
and launched the first pneumatically
operated safety valves in the 1950s –
a breakthrough in efficiency and safety
for process industries at the time.
Turbine bypass valve
with desuperheater
The acquisition of Bopp &
Reuther offers significant benefits
and opportunities, including:
•
The acquisition of a well-established
business with a strong presence
and installed base in Germany.
•
An increased product range for
fossil and nuclear power which
can be offered to IMI CCI’s existing
customer base.
•
Manufacturing capability for
medium volume configured valves
which will support growth in China
and India.
•
The opportunity to extend Bopp &
Reuther’s products to new markets
in North and South America.
•
The potential to extend IMI’s
aftermarket capability to service
the global installed base of Bopp
& Reuther’s valves.
•
The opportunity to maximise
performance of IMI CCI and Bopp
& Reuther through purchasing,
manufacturing and lean systems
collaboration.
23
Strategic Review
Performance Review
Corporate Governance
Financial Statements
Introduction
Annual Report and Accounts 2014
IMI welcomes Bopp & Reuther
We announced the acquisition of Bopp &
Reuther in November 2014, and the acquisition
completed on 2 January 2015. With decades
of experience, Bopp & Reuther is a global
specialist in the design, manufacture and
servicing of safety, control and shut off valves
for process industries as well as conventional
and nuclear power plants world-wide.