Veralto has entered into a definitive agreement to acquire Cleanwater1 in a $465 million deal that will expand its position in water disinfection, contaminant removal and treatment technologies.
The transaction, announced on 19 August 2026, is expected to close in the fourth quarter of 2026, subject to customary closing conditions. After estimated tax benefits, Veralto said the net purchase price is approximately $452 million.
Cleanwater1 provides on-site hypochlorite disinfection, solids management and odour filtration technologies for municipal drinking water, wastewater and industrial applications. The company has an installed base of approximately 25,000 units, giving Veralto a larger recurring service and aftermarket opportunity across water treatment operations.
Deal strengthens Veralto’s water quality segment
Veralto said Cleanwater1’s technologies are complementary to its existing water treatment portfolio and will expand the company into adjacent water treatment applications. The acquisition is also expected to create commercial opportunities with Trojan Technologies, Veralto’s ultraviolet water treatment business.
“Cleanwater1’s differentiated water treatment technologies, deep application expertise and large installed base will further bolster our Water Quality segment,” said Jennifer L. Honeycutt, President and Chief Executive Officer, Veralto.
Honeycutt said the acquisition would expand Veralto’s presence in faster-growing water treatment applications and create opportunities for recurring revenue growth and deeper customer engagement.
Cleanwater1 adds disinfection and odour control capability
Cleanwater1’s portfolio includes technologies and brands used in chemical feed, water disinfection, tank mixing, solids management and odour control. These include Polyblend, Dynablend, Veloblend, PAX Mixers, Monoclor RCS, Microclor OSHG and I-Box Odor Control Systems.
The company serves municipal and industrial water and wastewater markets, supporting treatment plants and operators working to meet water quality, safety and regulatory requirements.
“Joining Veralto opens incredible opportunities for Cleanwater1 to continue and further enhance our growth trajectory, while driving increased ability to meet growing demand from customers,” said David Stanton, Chief Executive Officer, Cleanwater1.
Financial details of the acquisition
Cleanwater1 generated approximately $135 million in sales over the last twelve months to 30 June 2026, according to Veralto. Around 25% of those sales came from aftermarket activity.
Veralto said Cleanwater1’s sales have grown at a low double-digit compound annual growth rate since 2023. The company expects the acquisition to be neutral to modestly accretive to adjusted earnings per share in 2027.
The deal forms part of Veralto’s wider strategy to grow its water quality platform, which includes technologies focused on clean water, safe food and product quality.
FAQs
Who is Veralto acquiring?
Veralto has agreed to acquire Cleanwater1, a provider of water quality, disinfection, solids management and odour control technologies.
How much is Veralto paying for Cleanwater1?
The transaction is valued at $465 million, with a net purchase price of approximately $452 million after estimated tax benefits.
When is the acquisition expected to close?
The deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions.
What does Cleanwater1 do?
Cleanwater1 provides on-site hypochlorite disinfection, solids management, odour filtration and related water treatment technologies for municipal and industrial customers.
Why is the acquisition significant?
The acquisition strengthens Veralto’s water quality portfolio and expands its presence in disinfection, contaminant removal, wastewater and industrial water treatment applications.
