Sulzer AG has signed a binding agreement to acquire Nordic Water for a purchase price of SEK 1.2bn (CHF 128m). The company has a fast growing and recurring aftermarket business providing a complete offering of parts and services to a large installed base built up over the last 59 years.
Nordic Water is a leading provider of screening, sedimentation and filtration solutions for municipal and industrial water & wastewater applications. The acquisition strengthens Sulzer’s wastewater treatment offering by complementing its equipment portfolio and provides further access to the fast-growing clean water market.
Nordic Water, headquartered in Gothenburg, Sweden, employs 200 people at 13 sites in 6 countries.
