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Halma completed the acquisition of Sewertronics for €41m.

Synopsis

Halma, a group of life-saving technology companies, completed the acquisition of Sewertronics, a provider of pipe renovation solutions, for €41m. “Overcrowded cities, heavy downpours and climate change are all putting increasing pressure on wastewater infrastructure. Our technology helps to prevent wastewater pollution, while maximising efficiency and safety when repairing pipes and avoiding the need for disruptive and expensive excavation. Sewertronics is highly aligned with Halma’s purpose of growing a safer, cleaner, healthier future for everyone, every day. By joining Halma, we will benefit from its global network, resources and expertise, and from collaboration with other Halma companies, particularly those focused on solutions for the wastewater sector,” César Gómez, Sewertronics Co-CEO and Co-Founder.

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