Xylem has completed its previously announced acquisition of Cornell Pump and Roper Pump. The company announced the deal on 9 November 2026. It said the Cornell Roper acquisition advances its strategy to sharpen its portfolio and increase its exposure to higher-growth markets.
Xylem is a water technology company listed on the New York Stock Exchange. It reported 22,000 employees and revenue of $9 billion in 2025. H2O Global News has previously reported that Xylem agreed to acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion.
Part of a wider portfolio transformation
Xylem described the acquisition as the latest step in an ongoing portfolio transformation. It said that transformation focuses on businesses and end markets with strong growth and margin potential.
The Cornell and Roper deal follows two other completed acquisitions this year. TriOS closed on 1 July 2026 and WaterFleet closed on 2 September 2026. According to Xylem, all three businesses have historically grown at rates above its target growth rate.
What the Cornell Roper acquisition adds
The company said the acquired businesses expand its capabilities across industrial markets, including mining, power, semiconductors and food and beverage. Xylem said these markets benefit from infrastructure investment, industrial modernisation and growing resource demand.
Cornell and Roper also bring engineered technologies for demanding applications. These include slurry transport, solids handling and suction lift. Such applications are common in sectors where pumps must move abrasive, viscous or solids-laden fluids.
Chief executive outlines growth rationale
“We’ve been very deliberate about where we want to grow and where we believe Xylem can create the most value,” said Matthew Pine, President and CEO of Xylem. “This acquisition is a great example.”
Pine added: “It brings strong positions in markets benefiting from some of the biggest investment trends we see today, along with technologies and expertise that broaden what we can do for customers. And with Xylem’s global reach, we see opportunities to take those strengths further.”
Reporting changes from January 2027
Now that the deal has closed, the acquired businesses will be reported as part of Xylem’s Water Infrastructure segment. From January 2027, they will move into the company’s Flow Solutions segment.
According to Xylem, Flow Solutions provides pumping, transport and flow-centric solutions. These support the movement, distribution and application of water across municipal, industrial, commercial and residential end markets.
Frequently asked questions
When did Xylem complete the acquisition of Cornell Pump and Roper Pump?
Xylem announced on 9 November 2026 that it had completed its previously announced acquisition of Cornell Pump and Roper Pump.
Why did Xylem acquire Cornell Pump and Roper Pump?
Xylem said the acquisition advances its strategy to sharpen its portfolio and increase its exposure to higher-growth markets. It added that the businesses have historically grown at rates above its target growth rate.
Which industrial markets do Cornell Pump and Roper Pump serve?
According to Xylem, the businesses expand its capabilities in mining, power, semiconductors and food and beverage. They also add engineered technologies for slurry transport, solids handling and suction lift.
Which other companies has Xylem acquired in 2026?
Xylem completed the acquisition of TriOS on 1 July 2026 and WaterFleet on 2 September 2026.
Which Xylem segment will Cornell Pump and Roper Pump be part of?
The businesses will first be reported in the Water Infrastructure segment. From January 2027, they will be reported in Xylem’s Flow Solutions segment.
