IMI is a global engineering group focused on the precise control and movement of fluids in critical applications. It comprises five operating segments organised into two principal activities: Fluid Controls, comprising Severe Service, Fluid Power and Indoor Climate; and Retail Dispense, comprising Beverage Dispense and Merchandising. Severe Service designs, manufactures, supplies and services high performance critical control valves and associated equipment for power generation plants, oil & gas producers, petrochemical, iron & steel plants and other process industries. Fluid Power designs, manufactures and supplies motion and fluid control systems, principally pneumatic devices, for original equipment manufacturers in commercial vehicle, life science, rail, energy, food and beverage and other industries. Indoor Climate designs, manufactures and supplies indoor climate control systems, principally balancing valves for large commercial buildings, thermostatic radiator valves for residential buildings and water conditioning equipment. Beverage Dispense designs, manufactures and supplies still and carbonated beverage dispense systems and associated merchandising equipment for brand owners and retailers. Merchandising designs, manufactures and supplies point of purchase display systems for brand owners and retailers. The Company has operations in UK, Continental Europe, Americas, Asia/Pacific and Rest of the world.