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

11. Aug 2026

(AWP Alliance News) - Xylem agreed to buy Cornell Pump and Roper Pump from Indicor for USD 1.46 billion, expanding its industrial and municipal pumping portfolio. The deal is expected to close in the fourth quarter of 2026. Xylem expects the businesses to generate more than USD 260 million of revenue in 2026 with EBITDA margins above 30%.

The price implies about 11.6x projected 2026 EBITDA, including USD 23 million of run-rate cost synergies and about USD 170 million of expected tax benefits. The acquisition is expected to add to adjusted earnings per share in 2027.

https://www.businesswire.com/news/home/20260811642101/en/

Disclaimer: This news brief was created using generative artificial intelligence. Xylem Inc. published the original content used to generate this news brief via Business Wire on August 11, 2026, and is solely responsible for the information contained therein.

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