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Grundfos announces acquisition of Metasphere, revolutionizing wastewater management with smart water sensors

Mar 28, 2024over 1 year ago

Acquiring Company

Grundfos

Acquired Company

Metasphere

BrookshireTadworthManufacturingWaterWater Purification

Description

Grundfos, a global leader in water technology and services, has announced the acquisition of Metasphere, a leading provider of smart water sensors for water networks. The acquisition fortifies Grundfos' commitment to preventing spills and overflows in wastewater collection networks and aims to revolutionize wastewater management with advanced smart water sensors.

Company Information

Company

Grundfos

Location

Brookshire, Texas, United States

About

Since 1945, Grundfos has been committed to pioneering solutions to solve the world’s water and climate challenges and improve people's quality of life. Owned by the Grundfos Foundation (Poul Due Jensen Foundation), the company’s products for Commercial Building Services, Domestic Building Services, Industry and Water Utilities are sold in a large number of countries by local distributors. Grundfos believes that achieving diversity in the company’s workforce and talents, for instance, in terms of gender, ethnicity and work capacity, is essential to the company's progress. Grundfos is a multi-national company with global headquarters in Denmark and the U.S. Main Office and Global Headquarters for Water Utility in Brookshire, Texas.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed