Grundfos Buys Water-Treatment Company Isia as Pump Maker Expands
Grundfos Holding A/S, the largest maker of circulator pumps, purchased Isia, which uses chlorine dioxide as an oxidant and biofouling controller to disinfect water for industries, utilities and drinking supplies.
Isia is a Venice, Italy-based firm specializing in water-treatment applications featuring industrial plant-process controls and automation, Grundfos and Isia said today in a joint statement. No terms of the acquisition were given.
Closely held Grundfos, based in Bjerringbro, Denmark, makes more than 16 million pump units a year for heating and air-conditioning as well as centrifugal pumps for industry, water supply and sewage companies, according to its website.
To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net
To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net
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