Xylem has completed its acquisition of Evoqua Water Technologies Corp. The combination creates the most advanced platform of capabilities to address customers’ and communities’ critical water challenges. Headquartered in Washington, D.C., the combined company becomes the largest pure-play water technology company, with $7.3 billion in pro forma revenue and more than 22,000 employees globally.
Seventeen organizations have joined forces to support the United Nations Water Action Agenda, pledging to invest $11 billion in water innovation over the next five years.
Xylem and Evoqua announced they have entered into a definitive agreement under which Xylem will acquire Evoqua in an all-stock transaction that reflects an implied enterprise value of approximately $7.5 billion.
Evoqua Water Technologies recently announced a majority investment position in San Diego-based Frontier Water Systems, LLC.
Xylem Inc. reported second-quarter results, which include the May 24 acquisition of Evoqua Water Technologies Corp. The Company reported total revenue of $1.7 billion, with reported growth of 26 percent and organic growth of 15 percent, surpassing prior guidance, on strong commercial and operational execution.
Xylem Inc. recently reported its third-quarter results. The Company’s total revenue was $2.1 billion, with reported growth of 50 percent and organic growth of 10 percent, surpassing prior guidance, on strong commercial and operational execution and resilient demand.
Xylem Inc. announced that after a distinguished decade leading Xylem, President and Chief Executive Officer Patrick Decker has announced his plans to retire as CEO at the end of 2023.
Xylem Inc. reported first-quarter revenue of $1.4 billion, surpassing prior guidance, with strong commercial and operational execution.
Xylem Inc. reported fourth quarter revenue of $1.5 billion, and full-year 2022 revenue of $5.5 billion, surpassing prior guidance, with strong commercial and operational execution.
