Xylem Inc. (NYSE: XYL), a leading global water technology company, today announced it has completed its previously announced acquisition of Cornell Pump and Roper Pump, advancing the company’s strategy to sharpen its portfolio and increase its exposure to higher-growth markets.
The acquisition is the latest step in Xylem’s ongoing portfolio transformation, focused on businesses and end markets with strong growth and margin potential. Businesses like Cornell/Roper, WaterFleet (closed September 2, 2026) and TriOS (closed July 1, 2026) have historically grown at rates above Xylem’s target growth rate and expand the company’s capabilities across industrial markets including mining, power, semiconductors and food and beverage. The Cornell/Roper businesses also add engineered technologies for demanding applications such as slurry transport, solids handling and suction lift.
“We’ve been very deliberate about where we want to grow and where we believe Xylem can create the most value,” said Matthew Pine, President and CEO of Xylem. “This acquisition is a great example. It brings strong positions in markets benefiting from some of the biggest investment trends we see today, along with technologies and expertise that broaden what we can do for customers. And with Xylem’s global reach, we see opportunities to take those strengths further.”
Upon closing, the acquired businesses will be reported as part of the Water Infrastructure segment. Beginning in January 2027, they will be reported as part of Xylem’s Flow Solutions segment, which provides pumping, transport, and flow-centric solutions that enable the movement, distribution, and application of water across municipal, industrial, commercial, and residential end markets.
About Xylem
Xylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 22,000 employees delivered revenue of $9 billion in 2025, optimizing water and resource management with innovation and expertise. Join us at www.xylem.com and Let’s Solve Water.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Generally, the words “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “contemplate,” “predict,” “forecast,” “likely,” “believe,” “target,” “goal,” “will,” “could,” “would,” “should,” “potential,” “may” and similar expressions or their negative, may, but are not necessary to, identify forward-looking statements.
Such forward-looking statements, including those regarding the anticipated benefits of the transactions described herein, involve risks and uncertainties. The experience and results of Xylem and acquired businesses may differ materially from the experience and results anticipated in such statements. The accuracy of such forward-looking statements is subject to a number of risks, uncertainties and assumptions including, but not limited to, the following factors: the risk of disruption to the current plans or operations of Xylem or the acquired businesses; litigation relating to the transaction; the risk of loss of key employees of the acquired businesses; potential adverse reactions or changes to relationships with customers, suppliers, distributors and other business partners; unexpected costs, charges or expenses resulting from the transaction; Xylem’s ability to achieve expected synergies or realize expected tax benefits from the transaction; delays, challenges and expenses associated with integrating the acquired businesses into Xylem; the impact of overall industry and general economic conditions; geopolitical events and regulatory, economic and other risks associated therewith; and other factors set forth under “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 and in subsequent filings we make with the Securities and Exchange Commission (“SEC”). The forward-looking statements included in this press release are made based on information currently available to us as of the date of this press release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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