Water treatment company Xylem has purchased Australian water and wastewater company MultiTrode Pty. Ltd. for about $26 million. Xylem Inc. said Friday that MultiTrode complements its existing business and will help it better meet customers’ needs.
MultiTrode, a privately held company, has a portfolio that includes pump station controllers and supervisors, level-sensing devices, web-based monitoring services, supervisory control and data acquisition software, panels and engineering and integration services. It had approximately $13 million in sales in fiscal 2012 and has about 60 workers.
While MutiTrode is based in Brisbane, Australia, it also has offices in the U.S. and U.K.
Xylem is based in White Plains, N.Y. and had 2012 revenue of $3.8 billion. It has approximately 12,700 employees globally.
Gallagher Re has shed light on the significant challenges insurers face when providing coverage for…
The Australian government will disburse AUD 1.7 million (USD 1.1m/EUR 1m) in grant funding to…
GlobalData’s latest report, ‘Asia Pacific Renewable Energy Policy Handbook 2024’ is among the latest region-specific…
The electrical generation market is facing a number of challenges, including the need to increase…
Nuclear energy has emerged as a prominent player in Asia's energy landscape, offering a reliable…
The pursuit of a low-carbon future has gained significant momentum globally, and Asia stands tall…