Market Overview

Xylem Buys UK's PIMS Group for $57M

Share:
Related XYL
Barron's Picks And Pans: Apple's Growth, 'Beauty And The Beast,' Water Stocks And More
Benzinga's Top Upgrades, Downgrades For March 8, 2017
The first intelligent wastewater pump (Seeking Alpha)

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)

View Comments and Join the Discussion!