Eurowater is to be acquired by the Global leader in advance pump solutions and a trendsetter in water technology. This acquisition is going to be an important landmark in the company’s effort in discovering the solutions to handle the global water challenges. The acquisition line up with Grundfos’ strategy to strengthen its innovation leadership within water technology.
“Eurowater brings a broad portfolio of solutions and a deep understanding of water treatment applications and end-users. This will enable us to strengthen our value proposition to customers. When complete, this acquisition will further advance us in our important work to address water challenges on a global scale,” says Ulrik Gernow, Group Executive Vice President, CMO, at Grundfos and continues: “Eurowater is an outstanding company and we are truly impressed by its organization and the people we have met”.
“A better buyer does not exist! It is with peace of mind that we leave ownership of our life’s work to Grundfos. We took over the company 17 years ago from the Scherfig family, who has owned the company since its foundation in 1936. With the global reach and presence of Grundfos and our extensive experience in producing first-class products, we see great opportunities to boost the development of innovative and water-efficient solutions to the benefit of our many customers,” says Torben Buhl, Managing Director for Eurowater.