Grundfos, a global leader in advanced pump solutions and water technologies, has successfully completed the acquisition of the Commercial & Industrial (C&I) business of Culligan in Italy, France, and the UK.
Grundfos, a global leader in advanced pump solutions and water technologies, has successfully completed the acquisition of the Commercial & Industrial (C&I) business of Culligan in Italy, France, and the UK.
The acquisition of the Commercial & Industrial business of Culligan in Italy, France, and the UK marks an important step forward in Grundfos’ ambition to expand within water treatment
“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.”
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).
The 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.
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