Grundfos completed the acquisition of Newterra from Frontenac

Grundfos, a Denmark-based global supplier of advanced pump and water solutions, completed the acquisition of Newterra, a US-based provider of modular water and wastewater treatment systems, from Frontenac, a Chicago-based private equity firm. Financial terms were not disclosed. “This acquisition is a natural next step towards realizing our ambitious growth plans for the US. Strengthening our capabilities in water treatment enables Grundfos and our customers to make an even bigger positive impact on the world’s water and climate challenges,” Inge Delobelle, Grundfos EVP & Divisional CEO, Industry Division.