Market Overview

Xylem Buys UK's PIMS Group for $57M

Related XYL
Kelly McAndrew Joins Xylem As Vice President Of Global Public Affairs
Will Xylem (XYL) Miss Earnings Estimates in This Quarter?

Xylem Inc. (NYSE: XYL), a leading global water technology company focused on addressing the world's most challenging water issues, announced today that it has acquired PIMS Group, a privately held United Kingdom-based wastewater services company, for approximately $57 million. The actual terms of the transaction were not disclosed. PIMS generated revenue of approximately $38 million for the fiscal year ended April 30, 2012.

Posted-In: News M&A

 

Related Articles (XYL)

Around the Web, We're Loving...

Get Benzinga's Newsletters