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LATEST NEWS

Xylem to Acquire Cornell Pump and Roper Pump

14.08.2026 -

Xylem Inc. announced that it has entered into an agreement to acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion. The acquisition expands Xylem’s ability to serve a broader range of mission-critical industrial applications while advancing its strategy to increase exposure to high-growth sectors benefiting from infrastructure investment, industrial modernization and growing resource demands.

KSB Reports Strong Second-Quarter Performance

14.08.2026 -

Despite continuing geopolitical challenges, pump and valve manufacturer KSB has reported strong performance for the second quarter of 2026. Both sales revenue and earnings before finance income / expense and income tax (EBIT) increased significantly compared with the first quarter of 2026, which included one-off income from the first-time consolidation of KSB Pumps Arabia Ltd.

Change in Valmet’s Executive Leadership Team

24.07.2026 -

Sami Riekkola, Executive Vice President, Pulp, Energy and Circularity business area, and a member of Valmet’s Executive Leadership Team, has decided to leave Valmet to pursue an opportunity outside of Valmet. His last day at Valmet will be January 22, 2027, at the latest. The recruitment process for his successor will be initiated immediately.