IN FOCUS

Franklin Electric Co., Inc. has entered into a definitive agreement to acquire Challenge Pumps Holdings Pty Ltd, a provider of underground mine dewatering solutions headquartered in Perth, Western Australia.

Franklin Electric Co., Inc. announced it has completed the acquisition of Cat Pumps Corporation, a leading provider of high-pressure, positive displacement pumps, for $350 million in cash plus a potential earnout of up to $50 million in Franklin Electric stock based on future performance.

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.

Svanehoj has acquired Henri Systems Holland B.V., a leading Dutch specialist in the design and manufacturing of measurement and safety equipment for LNG and LPG vessels. The transaction closed on 1 July 2026.

The next step in a successful collaboration: the Wilo Group has acquired a majority stake in systems engineering company PreFab, thereby strengthening its strategic position in the digital and AI age.

Global investment firm Carlyle announced that it has agreed to sell Flender, a global market leader in mechanical drive technology, to Triton Fund 6 advised by Triton Partners (“Triton Partners”).

Uniwater has entered into an agreement to acquire Water Engineering, a Swedish engineering consulting company with cutting-edge expertise in process design, planning and project management for drinking water and wastewater treatment plants.

LACO is based in Salt Lake City, Utah, US, and manufactures comprehensive vacuum solutions, vacuum chambers and advanced leak detection equipment, designed for aerospace, research and development, and diverse industrial applications.

Valmet has entered into an agreement to acquire Severn Group, a well-established industrial valve company, from Bluewater, a UK-based private equity firm. The acquisition covers all three Severn divisions: Severn Glocon, ValvTechnologies, and LB Bentley. Severn serves process industries globally and has over a 60-year track record of delivering specialized flow control solutions across the most demanding applications.

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a leading marine service provider, announced the creation of Hoyer VMS Group. The new company combines complementary strengths to deliver a unique global offering for power and motion solutions across marine and industrial markets – one partner that can supply, service, repair, and optimise critical systems throughout their lifetime.