Grundfos Completes Acquisition of Newterra to Enhance Water Treatment Solutions
Grundfos Completes Acquisition of Newterra
In a strategic move to bolster its water treatment portfolio, Grundfos, the renowned Danish company, has officially finalized the acquisition of Newterra, a water and wastewater treatment solutions provider based in Pittsburgh. This acquisition not only underscores Grundfos' commitment to expanding its water treatment capabilities but also highlights its ambition to grow in the North American market.
Strengthening Water Treatment Expertise
With the addition of Newterra, Grundfos enhances its ability to deliver modular, efficient, and scalable water and wastewater treatment systems. Inge Delobelle, EVP and Divisional CEO of the Industry division at Grundfos, stated, "The integration of Newterra marks a significant milestone in our quest to become a leading global player in water treatment. We are now equipped to provide even more comprehensive solutions, enabling our customers to treat, reduce, and reuse water more effectively."
The acquisition aligns with Grundfos' broader strategy to innovate and expand its services in the water treatment sector, aiming for a more sustainable approach that emphasizes energy and water efficiency. The company recognizes the critical importance of addressing water scarcity and wastewater management challenges, especially as global climate concerns intensify.
Expansion in North America
As part of its growth strategy, Grundfos plans to double its business in the US by 2030. The integration of Newterra will contribute significantly to this goal, as it adds over 1,500 skilled personnel to Grundfos' already impressive workforce and elevates the combined revenue of the water treatment division to over $350 million. As Delobelle noted, welcoming Newterra's talented team will not only amplify Grundfos’ innovative capacities but also enhance customer service.
Moreover, Grundfos is set to expand its manufacturing footprint in the United States by constructing a new facility in Brookshire, Texas, which will serve as its US headquarters. This move is indicative of the company’s dedication to regional growth and job creation while also ensuring that its operations remain efficient and responsive to market demands.
Comprehensive Solutions
Newterra's expertise in environmental solutions complements Grundfos' existing product range, which is deeply rooted in advanced water technology. The combined strengths will enable clients to access a broader spectrum of technologies tailored to various applications, including drinking water, wastewater treatment, and stormwater management. Newterra operates four production sites across the US and Canada, making it a vital part of North America's water treatment landscape.
Both companies share a commitment to sustainability and technological innovation. Grundfos, known for pioneering solutions that tackle pressing water and climate challenges, aims to continue setting industry standards in both efficiency and performance.
Conclusion
The acquisition of Newterra by Grundfos is a notable positive development in the water treatment industry. It signifies a strategic enhancement of capabilities that will better serve customers in the US and abroad. As the world increasingly prioritizes sustainable water management practices, this acquisition positions Grundfos to lead the charge toward a more responsible and innovative approach to water treatment solutions. For those interested in the future of water resources and technology, this merger embodies a critical step toward addressing the growing challenges in this vital sector. More information about Grundfos and its water treatment solutions can be found on their official website.