Grundfos has completed the acquisition of US-based water and wastewater treatment specialist Newterra, a move the Danish pump and water solutions company describes as strengthening its position in the global water treatment market. The deal, involving Newterra’s operations in Pittsburgh and across North America, is intended to broaden Grundfos’ portfolio of modular and scalable water and wastewater treatment systems.
The acquisition is also seen as a way of building Grundfos’ presence in the US and Canadian markets, aligning with its wider strategic ambitions. With the addition of Newterra, Grundfos’ water treatment business now comprises more than 1,500 employees across Europe and North America, and generates revenues exceeding USD 350 million.
“The addition of Newterra is another important step to realise Grundfos’ ambition to become a global leader in water treatment. It enhances our ability to provide modular, efficient and scalable water and wastewater treatment systems to our customers both in the US and the rest of the world.” said Inge Delobelle, EVP & Divisional CEO, Industry division, Grundfos.
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