Aquistion to strengthen Xylem's dewatering solutions portfolio in the United States
Xylem Inc., a global water technology company focused on addressing the world's water issues, has acquired privately held Heartland Pump Rental and Sales Inc. The actual terms of the transaction were not disclosed. Heartland Pump, headquartered in Carterville, Ill., has been a business partner with Godwin in dewatering pump rental, services and systems design since 1995; Godwin is part of the Xylem portfolio.
"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 chief executive officer of Xylem. "This acquisition supports our strategy by expanding our footprint in an important region of the United States."
Xylem's dewatering solutions business is a world leader in the design and manufacture of automatic self-priming pumps and submersible electric pumps, sold under the Godwin and Flygt brand names.The Xylem offering includes pumps, accessories and services to meet customer needs during fast-paced emergencies, rental or permanent installations.
Heartland Pump employs approximately 100 people, with branches in Evansville, Ind.; Horn Lake, Miss.; and Nashville, Tenn.