Xylem Acquires Evoqua in $7.5 Billion All-Stock Transaction
May 24, 2023
Xylem (NYSE: XYL) completed its acquisition of Evoqua Water Technologies Corp. (NYSE: AQUA) in an all-stock transaction valued at approximately $7.5 billion. The deal combines Xylem’s water technology portfolio with Evoqua’s mission-critical water treatment solutions and services to create a scaled global platform serving utilities and industrial/commercial end markets.
- Buyers
- Xylem Inc.
- Targets
- Evoqua Water Technologies Corp.
- Industry
- Healthcare Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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