Grundfos, a global leader in advanced pump solutions and water technologies, has successfully completed the acquisition of the C&I business of Culligan in Italy, France, and the UK.
The company said the acquisition would further underline its commitment towards expanding its water treatment and wastewater solutions and capabilities.
“We have a strategic ambition to grow our water treatment business and become a leading solutions provider in this field. This acquisition enables us to serve our customers with a broader portfolio and service offering,” said Inge Delobelle, EVP & Divisional CEO, Industry Division, Grundfos, adding: “It’s imperative for us to drive water optimisation across industries and ensure the right water usage and water quality for our customers.”
Grundfos said the addition of Culligan’s Commercial & Industrial business brings a strong complementary portfolio of solutions and technologies in water treatment and wastewater for industrial and commercial needs. The acquired business recorded a turnover of more than EUR 100m in 2023 and has around 400 employees in Italy, France, and the UK.
“In addition to the excellent solutions and offerings, I look forward to welcoming a group of dedicated colleagues who share our passion for innovation and customer focus,” said Inge Delobelle.
This transaction follows a series of acquisitions made by Grundfos within water treatment, including Eurowater (2020), MECO (2021), and Water Works (2022).
It is important to note that this transaction does not include Culligan’s home, office, and on-the-go commercial businesses in Italy, France, and the UK; nor is the largely commercial and light industrial operations in the Middle East, Spain, and North America part of the deal. All these entities will continue to be part of Culligan going forward.
