Xylem has completed its acquisition of Evoqua Water Technologies Corp. The combination creates the most advanced platform of capabilities to address customers\u2019 and communities\u2019 critical water challenges. Headquartered in Washington, D.C., the combined company becomes the largest pure-play water technology company, with $7.3 billion in pro forma revenue and more than 22,000 employees globally.
The combined company’s executive team will be led by Patrick Decker and include senior from both Xylem and Evoqua. Xylem has also appointed Lisa Glatch and Lynn C. Swann, former Evoqua directors, to serve as members of its Board of Directors.
Under the terms of the transaction, each share of Evoqua common stock was converted into the right to receive 0.48 of a share of Xylem common stock. This results in Xylem shareholders owning approximately 75 percent and Evoqua shareholders owning approximately 25 percent of the combined company on a fully diluted basis.<\/p>\n","protected":false},"excerpt":{"rendered":"
Xylem has completed its acquisition of Evoqua Water Technologies Corp. The combination creates the most advanced platform of capabilities to address customers\u2019 and communities\u2019 critical water challenges. Headquartered in Washington, D.C., the combined company becomes the largest pure-play water technology company, with $7.3 billion in pro forma revenue and more than 22,000 employees globally.The combined […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3399","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/comments?post=3399"}],"version-history":[{"count":1,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3399\/revisions"}],"predecessor-version":[{"id":3400,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/posts\/3399\/revisions\/3400"}],"wp:attachment":[{"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/media?parent=3399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/categories?post=3399"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.anolinfotech.com\/Pumpsindia\/wp-json\/wp\/v2\/tags?post=3399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}