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Announced

Grundfos to acquire Silhorko-Eurowater.

Synopsis

Grundfos, a Danish pump manufacturer, agreed to acquire Silhorko-Eurowater, a water treatment plant in Skanderborg, Denmark. Financial terms were not disclosed. "A better buyer does not exist! It is with peace of mind that we leave ownership of our life’s work to Grundfos. We took over the company 17 years ago from the Scherfig family, who has owned the company since its foundation in 1936. With the global reach and presence of Grundfos and our extensive experience in producing first class products, we see great opportunities to boost the development of innovative and water efficient solutions to the benefit of our many customers," Torben Buhl, Eurowater Managing Director.

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