M&A Deal Summary

ITT Acquires Water Pollution Control

On January 8, 1999, ITT acquired machinery company Water Pollution Control

Acquisition Highlights
  • This is ITT’s 4th transaction in the Machinery sector.
  • This is ITT’s 4th transaction in the United States.
  • This is ITT’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 1999-01-08
Target Water Pollution Control
Sector Machinery
Buyer(s) ITT
Deal Type Add-on Acquisition

Target

Water Pollution Control

Milwaukee, Wisconsin, United States
Water Pollution Control Corp. is a designer and production of aeration products and systems for municipal and industrial wastewater treatment. Company designs and builds Sanitaire(R) premium aeration, or oxygen diffusion, products and systems. The Wisconsin-based company also provides ABJ(TM) compact treatment plants and the Intermittent Cycle Extended Aeration System, ICEAS(R), which is widely used to optimize the efficiency and automation of wastewater treatment and industrial plant systems.

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Buyer(S) 1

Buyer

ITT

Stamford, Connecticut, United States

Category Company
Founded 1920
Sector Machinery
Employees10,600
Revenue 3.3B USD (2023)
DESCRIPTION

ITT is a manufacturer of engineered critical components and customized technology solutions for growing industrial end-markets in energy infrastructure, electronics, aerospace, and transportation. ITT was founded in 1920 and is based in Stamford, Connecticut.


DEAL STATS #
Overall 7 of 37
Sector (Machinery) 4 of 11
Type (Add-on Acquisition) 4 of 21
State (Wisconsin) 1 of 1
Country (United States) 4 of 21
Year (1999) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-07-06 Sinton Engineering Group

Kirkham, United Kingdom

Sinton Engineering Group is a UK-based company that specializes in the production and sales of fluid handling components, including valves, custom fabrications, and specialty fittings for the hygienic processing industries. Company serves the pharmaceutical/bioprocessing, chemical and food and beverage markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-12 K & M Electronics

West Springfield, Massachusetts, United States

K & M Electronics, Inc. is a designer and manufacturer of power supplies, electronic components and channel electron multipliers for military and commercial applications.

Buy -