ITT Corporation (extinct)

ITT Corporation (extinct)

ITT Corporation (extinct)

Overview
Date Founded

1920

Headquarters

1133 Westchester Avenue, White Plains, NY, 10604, USA

Type of Company

Private

Employees (Worldwide)

9,700

Industries

Aerospace & Defense
IT Consulting & Services
Industrial Machinery & Manufacturing
Waste Management & Recycling
Electrical Products

Company Description

ITT Corp. manufactures engineered critical components and customized solutions for the energy, transportation, and industrial markets. It operates through the following segments: Industrial Process, Motion Technologies, Interconnect Solutions, and Control Technologies. The Industrial Process segment manufactures engineered fluid process equipment which serves various customers in global infrastructure industries such as oil and gas, mining, power generation, chemical and other process markets and also provides aftermarket services. The Motion Technologies segment manufactures brake pads, shock absorbers, and damping technologies for the global automotive, truck, trailer, and public bus and rail transportation markets. The Interconnect Solutions segment manufactures a wide range of highly specialized connector products that make it possible to transfer signal and power in various electronic devices that are utilized in aerospace and defense; industrial and transportation; oil and gas; and medical markets. The Control Technologies segment manufactures specialized equipment which includes actuation, valves, switches, vibration isolation, custom-energy absorption, and regulators for the aerospace and defense, and industrial markets. The company was founded by Sosthenes Behn and Hernand Behn in 1920 and is headquartered in White Plains, NY.

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ITT Corporation
Recent Transactions
Details Hidden

ITT Corporation purchases Wolverine Advanced Materials LLC from Wynnchurch Capital LLC, Goldman Sachs Capital Partners, Beringea LLP

Details Hidden

SL Industries, Inc. purchases ITT Torque Systems, Inc. from ITT Corporation

Details Hidden

ITT Corporation purchases Hartzell Aerospace from Tailwind Technologies, Inc.

Transaction Advisors
Accountant

Advised onITT Corporation purchases Goulds Pumps, Inc.

Legal Advisor

Advised on purchases ITT Corp. /Defense & Information Solutions Ops from ITT Corporation

Accountant

Advised onITT Corporation purchases Eastman Kodak Co. /Remote Sensing Systems from Eastman Kodak Co.

Legal Advisor

Advised onITT Corporation purchases EDO Corp.

Legal Advisor

Advised onITT Corporation purchases EDO Corp.

Legal Advisor

Advised onITT Corporation purchases Wolverine Advanced Materials LLC from Wynnchurch Capital LLC, Beringea LLP, Goldman Sachs Capital Partners

Advisors & Consultants
Legal Advisor

Partner at Gibson, Dunn & Crutcher LLP

Legal Advisor

Partner at Simpson Thacher & Bartlett LLP

Legal Advisor

Partner at Simpson Thacher & Bartlett LLP

Key Stats and Financials As of
Market Capitalization
$5.88B
Total Enterprise Value
Earnings Per Share
Non-Profit Donations & Grants
$3M
2008
Investments
Details Hidden

Richter Chemie-Technik GmbH provides lined pumps, valves, and control equipment. It also provides, manufactures and markets plastic-lined, metallic magnetic drive and mechanical seal pumps, valves and measuring & control equipment to selected segments of the chemical, fine chemical and pharmaceutical industries. The firm products are designed for applications in fields such as corrosive, pure or contaminated media in the chemical and pharmaceutical industries, metallurgy, waste water, pulp production, food processing, environmental engineering and other sectors. The company was founded in 1957 and is headquartered in Kempen, Germany.

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