Danish company Grundfos, a leader in advanced water solutions, has acquired Newterra, a Pittsburgh-based company specializing in water and wastewater treatment solutions. This strategic move underscores Grundfos’ commitment to enhancing its capabilities in water treatment while aiming to bolster its market presence in the US and Canada.
In 2024, Grundfos reported revenues surpassing $5 billion. The addition of Newterra brings the company’s water treatment workforce to over 1,500 skilled employees across Europe and North America, further increasing its revenue potential.
Since 2020, Grundfos has been actively pursuing strategic acquisitions to develop a robust water treatment platform. With this latest acquisition, the company aims to solidify its position in the industry further.
Grundfos has set an ambitious goal to double its US business by 2030. To support this growth, the company has announced plans to expand its production capabilities by building a new plant in Brookshire, Texas, which will serve as its US headquarters.
KEY QUOTES:
“The addition of Newterra is another important step to realise Grundfos’ ambition to become a global leader in water treatment,” said Inge Delobelle, EVP & Divisional CEO, Industry division, Grundfos, adding: “It enhances our ability to provide modular, efficient and scalable water and wastewater treatment systems to our customers both in the US and the rest of the world. With Newterra on board, we can offer more complete, energy- and water-efficient solutions to our customers, helping them treat, reduce and reuse water more effectively, offering one of the most comprehensive water treatment portfolios in the industry.”
Inge Delobelle: “In a world where it is more critical than ever that we treat, reduce and reuse water with great care, building a strong water treatment business is pivotal. In addition to combining the many strengths of Newterra and its excellent solutions and offerings with the Grundfos water treatment business, I look forward to welcoming a group of dedicated colleagues who share our passion for innovation, customer focus and ambition to create sustainable solutions to the world’s water and climate challenges.”
