Xylem shocked the water industry Jan. 23 when it announced a $7.5 billion dollar, all-stock transaction to acquire Evoqua Water Technologies. The announcement is just the latest development in an on-going trend of mergers and acquisitions throughout the water industry.
Al Cho, chief strategy and external affairs officer at Xylem, and Snehal Desai, chief growth and sustainability officer at Evoqua, explain why this transaction occurred, how it will impact each of the businesses, and what industry professionals can expect moving forward.
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Timestamps
- Intro | 0:00
- Why did Xylem acquire Evoqua? | 0:58
- What was appealing about Evoqua? | 2:08
- How Evoqua will enhance Xylem’s business | 3:29
- Integrating goals from each business | 5:58
- Solving problems faster and easier | 9:03
- What industry professionals can expect | 10:03
- Outro | 11:31
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