Xylem to buy Cornell Pump, Roper Pump from Indicor for $1.46 billion

Reuters2026/08/11 12:30

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Xylem agreed to buy Cornell Pump and Roper Pump from Indicor for USD 1.46 billion.
Deal targets engineered pumping for tougher fluids, broadening Xylem’s industrial and municipal reach; assets to sit in the Water Infrastructure segment.
Purchase price implies about 11.6x projected 2026 EBITDA, including USD 23 million of run-rate cost synergies and USD 170 million of expected tax benefits.
Businesses forecast to generate more than USD 260 million of 2026 revenue; EBITDA margins expected above 30%.
Closing targeted for Q4 2026; expected to add to adjusted EPS in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xylem Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608110830BIZWIRE_USPR_____20260811_BW642101) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xylem to buy Cornell Pump, Roper Pump from Indicor for $1.46 billion

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