ITT Inc. (NYSE:ITT) acquired Habonim Industrial Valves & Actuators Ltd from Tene IV managed by Tene Capital for $140 million on April 4, 2022. Habonim was acquired in an all-cash transaction and will become part of ITT's Industrial Process (IP) segment. Habonim reported sales of $44 million in 2021. The transaction is expected to be accretive to ITT's consolidated EBITDA margin.

ITT Inc. (NYSE:ITT) completed the acquisition of Habonim Industrial Valves & Actuators Ltd from Tene IV managed by Tene Capital on April 4, 2022.