TriOS Mess- und Datentechnik GmbH (“TriOS”), has been acquired by Xylem Inc (“Xylem”) (NYS: XYL) for $219 million.
TriOS, founded in 1998 and headquartered in Rastede, Germany, is a leading manufacturer of water quality and environmental sensors and analysers. The Company’s solutions are used across the maritime, wastewater, environmental and drinking water markets. TriOS’ fully integrated production capabilities enable it to deliver the industry’s highest quality portfolio of sensors and analytical instrumentation.
Xylem saw a great opportunity to leverage TriOS’ innovation capabilities with its global footprint and strong sales channels across the water & environmental markets.
Xylem is a world-leading water technology company dedicated to engineering smarter solutions for how water is moved, treated and monitored – spanning everything from drinking water to wastewater. Serving utilities, industries, businesses and homes across the full water cycle, Xylem combines an extensive range of products, services and digital tools to help customers use water more efficiently, sustainably and resiliently.
EC M&A acted as exclusive financial advisor to TriOS Mess- und Datentechnik GmbH.
