Category: Truflow Marine

Fairbanks Morse Defense to acquire Truflo Marine from IMI Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has entered into an agreement with Birmingham, U.K.-headquartered IMI plc, to acquire its Truflo Marine business whose solutions include high integrity valves, actuators, and pressure reducing stations for submarines and surface vessels. . FMD says…