Xylem Inc has acquired privately held Heartland Pump Rental & Sales Inc for approximately US$29 million. Heartland Pump, headquartered in Carterville, Illinois, has been a business partner of Godwin in dewatering pump rental, services and systems design since 1995. “We’ve identified dewatering as a strategic growth market for us, building on our existing capabilities in emergency water removal, bypass, drainage and industrial applications, ” said Gretchen McClain, president and CEO of Xylem. “This acquisition supports our strategy by expanding our footprint in an important region of the United States. ” “Heartland Pump has been a trusted channel partner of Godwin products and services for more than 17 years, ” said Grant Salstrom, managing director of Xylem Dewatering Solutions. “We’re pleased to welcome them into the Xylem family, working with them to strengthen our network to help our customers solve their most challenging dewatering problems. ” Heartland Pump employs approximately 100 people, with branches in Evansville, Indiana, Horn Lake, Mississippi, and Nashville, Tennessee. Source: filtsep
Source:
http://workingwithwater.filtsep.com/view/29054/xylem-expands-in-dewatering-with-heartland-pump-rental-acquisition/
