The acquisition expands Grundfos’s position within the European water treatment market, bringing a complementary portfolio of solutions and technologies for industrial and commercial needs. The acquired business had a turnover of more than €100 million in 2023 and has around 400 employees.
“We have a strategic ambition to grow our water treatment business and become a leading solutions provider in this field. This acquisition enables us to serve our customers with a broader portfolio and service offering,” said Inge Delobelle, EVP & Divisional CEO, Industry Division, at Grundfos. “It’s imperative for us to drive water optimisation across industries and ensure the right water usage and water quality for our customers.”
This transaction follows a series of recent acquisitions made by Grundfos within water treatment, including Eurowater in 2020, MECO in 2021, and Water Works in 2022.
The deal does not include Culligan’s home, office, and on-the-go commercial businesses in Italy, France, and the UK. It also excludes the largely commercial and light industrial operations in the Middle East, Spain, and North America.
