Grundfos to acquire Mechanical Equipment Company

Pump solutions and water technology company Grundfos has entered into an agreement to acquire Mechanical Equipment Company (MECO) for an undisclosed sum.

MECO is known for engineering and manufacturing water purification solutions for a variety of industries, especially the pharmaceutical and the food and beverage sectors.

The acquisition is expected to expand both businesses’ water treatment capabilities and strengthen their position in the global market. 

Ulrik Gernow, group executive vice president and chief commercial officer at Grundfos, commented: “We see Grundfos and MECO as a perfect fit and we are thrilled with the prospect of acquiring MECO. MECO is a highly respected water treatment company with a formidable, focused skillset and portfolio of water treatment solutions.”

He continued: “This acquisition is about much more than superior technology. Grundfos and MECO are founded on similar values, and we share a deep commitment to innovation and sustainability as well as genuine care for our customers and employees. Together, we will leverage our combined experience and skills to create even better solutions for our customers.”

The acquisition is pending regulatory approvals.