Veralto Signs Agreement to Acquire Cleanwater1

Veralto entered into a definitive agreement to acquire Cleanwater1 for $465 million (about $452 million net of estimated tax benefits), subject to customary closing adjustments. The transaction is expected to close in the fourth quarter of 2026, and will expand Veralto’s Water Quality segment through Cleanwater1’s on-site hypochlorite disinfection, solids management and odor filtration technologies with an installed base of ~25,000 units.