IN FOCUS

Xylem (XYL) is expanding its corporate venture investing plans with $50 million committed to support emerging companies and water services providers that solve critical climate challenges such as water scarcity, quality, and decarbonization. Xylem aims to accelerate the availability of water solutions to address these challenges by directly investing in startups developing disruptive water technologies, and by investing in specialty venture capital funds.

Armstrong Fluid Technology has announced that Anish Suthesh Arul has been promoted to the role of RSEC Manager, North America.

Mathias Weyers (53) has resigned from his position as Member of the Executive Board and Chief Financial Officer (CFO) of the Wilo Group with effect from 30 June 2024. Weyers, who can look back on a long and successful career at Wilo, is leaving the company at his own request to pursue new professional challenges. He will be succeeded by Dr Patrick Niehr (50), who previously served on the Executive Board as Chief Change Officer (CCO).

Flacks Group, the parent company of Pleuger Industries, announces the acquisition of Artemyn, a division previously owned by Imerys SA, a publicly listed company on the Euronext. This strategic acquisition marks Flacks Group’s significant entry into the mining industry, reinforcing its diversified portfolio and global reach.

The VDMA Valves Association and Messe Düsseldorf want to join forces in the future at the world’s leading trade fair for the valve industry, VALVE WORLD EXPO. VDMA Valves will be the conceptual sponsor of VALVE WORLD EXPO. The official signing of the cooperation agreement took place in Düsseldorf at the beginning of July.

EBARA Group companies Hayward Gordon ULC (“HGULC”), EBARA Pumps Canada Corporation (“EPCC”) and Scott Turbon Mixer, Inc. (STM) have announced their strategic amalgamation and name changes effective June 30, 2024.

Digital analytics company InfoTiles has entered a strategic partnership with global engineering consultancy Arup to empower water and wastewater utilities to maximise the value and sustainability of crucial water infrastructure. Using innovative data analytics technology and artificial intelligence, the two companies will use their combined engineering expertise, digital capability, and wraparound service to help utilities across the water value chain make better-informed decisions and drive progress in digital asset management, data, and operational insight.

Emcovele S.A., a compressor distributor in Ecuador, has become part of Atlas Copco Group. The company, located in Quito and Guayaquil, has 49 employees, and offers sales and service of compressed air technology.

Orbis Intelligent Systems is announcing a national distribution partnership with Core & Main. This collaboration combines Orbis’ innovative SmartCap technology with Core & Main’s extensive industry expertise, marking a significant milestone in the water industry.

To mark its 60th anniversary, the Ingelfingen-based technology company GEMÜ opened its new, prestigious company headquarters in the Hohenlohe business park in June 2024.