Global water solutions leader Grundfos has officially completed its acquisition of U.S.-based Newterra, a strategic move aimed at strengthening its footprint in the North American water and wastewater treatment industry. The acquisition comes at a time when the company is already expanding its U.S. headquarters and operations in Brookshire, Texas — just west of Katy — signaling potential job growth and infrastructure investment for the region.
The deal, announced today by Grundfos USA, brings Pittsburgh-based Newterra and its four North American production facilities into Grundfos’ industrial water treatment division. Though financial terms were not disclosed, Grundfos stated that the acquisition would elevate its water treatment revenues above $350 million and expand its team to more than 1,500 employees across Europe and North America.
In a statement, Inge Delobelle, EVP and Divisional CEO of Grundfos’ Industry division, said, “The addition of Newterra is another important step to realise Grundfos’ ambition to become a global leader in water treatment. 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.”…