M&A Deal Summary

Xylem Acquires Hekes Oy

On March 8, 2010, Xylem acquired distribution company Hekes Oy

Acquisition Highlights
  • This is Xylem’s 1st transaction in the Distribution sector.
  • This is Xylem’s 1st transaction in Finland.

M&A Deal Summary

Date 2010-03-08
Target Hekes Oy
Sector Distribution
Buyer(s) Xylem
Deal Type Add-on Acquisition

Target

Hekes Oy

Espoo, Finland
Hekes Oy is a distributor of pumps, plumbing and heating equipment, and supplies.

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Buyer(S) 1

Buyer

Xylem

Washington, District of Columbia, United States

Category Company
Founded 2011
Sector Machinery
Employees23,000
Revenue 8.6B USD (2024)
DESCRIPTION

Xylem is a global water technology company. Xylem designs, manufactures, and services highly engineered solutions ranging across a wide variety of critical applications primarily in the water sector, but also in electric and gas. Xylem was founded in 2011 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 2 of 16
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 15
Country: Finland M&A 1 of 1
Year: 2010 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-17 Nova Analytics

Woburn, Massachusetts, United States

Nova Analytics Corp.is a supplier and integrator of analytical instrumentation. Nova's industry experienced management offers extensive knowledge in all aspects of analytical markets which includes design, development, manufacturing and integration of laboratory products and services. Nova acquisitions include, WTW GmbH, a world leader in water quality measurement product, Schott Instruments, a premier manufacturer of high quality laboratory products and Secomam, a provider in spectrophotometry equipment for over 50 years, and Sensortechnik Meinsberg, a manufacturer or electrodes and water quality instrumentation.

Buy $385M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-03 Godwin Pumps

Bridgeport, New Jersey, United States

Godwin offers dewatering solutions worldwide in conjunction with other Xylem brands in our markets.

Buy $580M