Xylem acquires water and wastewater company Multitrode
Global water technology company Xylem has acquired Multitrode, a privately owned Australia-based water and wastewater technology and services company.
With its monitoring and control technology, Multitrode helps municipal and private water and wastewater authorities realise significant savings on operating costs. The company’s portfolio includes pump station controllers, level-sensing devices, web-based monitoring services, SCADA software, panels and engineering and integration services.
“As a stand-alone water company, an essential part of Xylem’s growth strategy is to acquire companies that complement our own technology and geographic presence to better meet the evolving needs of our customers,” said Gretchen McClain, Xylem’s president and chief executive officer.
“Multitrode’s state-of-the-art and scalable platform builds on Xylem’s robust monitoring and control capability and will enable us to commercialise future products for the water and wastewater markets more quickly. By combining the insights gained through Xylem’s industry-leading installed base with Multitrode’s technology, we will further position Xylem as a trusted source to solve our customers’ dynamic challenges through the efficient delivery of advanced monitoring and control capabilities.”
Multitrode was founded in 1986 and has approximately 60 employees. Water authorities in more than 20 countries rely on the company’s solutions to control and optimise pump and lift stations.
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