Pure Technologies Ltd. has entered into a definitive arrangement agreement with Xylem Inc. whereby Xylem will acquire all of the issued and outstanding shares of Pure for CAD $9.00 per share in cash, representing an enterprise value for Pure of CAD $509 million.
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Xylem is now offering the Flygt 3000 Series electric submersible pumps as a rental option, ideal for temporary bypass pumping projects at treatment plants and lift stations.
Xylem Inc. will conduct a live remote pump operation demonstration at the Bauma trade show in Munich, Germany (11th – 17th April 2016). Trade show attendees can view the demonstration at the Xylem booth (Hall A6, booth no. 446) each day of the show, throughout the day and on request.
Last year disaster struck the Canadian city of Lac-Mégantic when a train carrying light crude oil derailed in the town centre. The resulting explosion and fire destroyed 40 buildings and killed 47 people. As thousands of gallons of petroleum spilled into the Chaudière River, Xylem was called in to arrange an emergency bypass for an alternative drinking water source.
Xylem Inc. has launched a new powerful and compact Godwin pump specifically designed for lower head dewatering applications. The Godwin Vac-Prime is a highly efficient, automatic, self-priming dewatering solution ideally suited to well-pointing.
Xylem Inc. has unveiled a new range of Flygt Ready pumps specifically designed for on-the-spot dewatering at construction or industrial sites, manholes or emergency situations. Xylem, which was spun off from ITT Corporation on October 31, 2011, specifically designed the new Flygt Ready pumps so that they are robust, compact and very easily serviced resulting in a long lasting, durable pump.