Xylem Completes Acquisition of Cornell Pump and Roper Pump

12.11.2026
Xylem Inc. has completed its previously announced acquisition of Cornell Pump and Roper Pump, advancing the company’s strategy to sharpen its portfolio and increase its exposure to higher-growth markets. The Cornell/Roper businesses add engineered technologies for applications such as slurry transport, solids handling and suction lift.
Xylem Completes Acquisition of Cornell Pump and Roper Pump

Image source: Xylem Inc.

The acquisition is the latest step in Xylem’s ongoing portfolio transformation, focused on businesses and end markets with growth and margin potential. According to Xylem, businesses like Cornell/Roper, WaterFleet (closed September 2, 2026) and TriOS (closed July 1, 2026) have historically grown at rates above Xylem’s target growth rate and expand the company’s capabilities across industrial markets including mining, power, semiconductors and food and beverage.

“We’ve been very deliberate about where we want to grow and where we believe Xylem can create the most value,” said Matthew Pine, President and CEO of Xylem. “This acquisition is a great example. It brings strong positions in markets benefiting from some of the biggest investment trends we see today, along with technologies and expertise that broaden what we can do for customers. And with Xylem’s global reach, we see opportunities to take those strengths further.”

Upon closing, the acquired businesses will be reported as part of the Water Infrastructure segment. Beginning in January 2027, they will be reported as part of Xylem’s Flow Solutions segment, which provides pumping, transport, and flow-centric solutions that enable the movement, distribution, and application of water across municipal, industrial, commercial, and residential end markets.

Source: Xylem Inc.

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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.

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