Xylem Completes Acquisition of Cornell Pump and Roper Pump
Xylem Inc., a global water technology company, has completed its previously announced acquisition of Cornell Pump and Roper Pump, advancing the company’s strategy to sharpen its portfolio and increase its exposure to higher-growth markets.
The acquisition is the latest step in Xylem’s ongoing portfolio transformation, focused on businesses and end markets with strong growth and margin potential. Businesses like Cornell/Roper, WaterFleet (closed September 2, 2026) and TriOS (closed July 1, 2026) have historically grown at rates above Xylem’s target growth rate and expand the company’s capabilities across industrial markets including mining, power, semiconductors and food and beverage. The Cornell/Roper businesses also add engineered technologies for demanding applications such as slurry transport, solids handling and suction lift. Cornell Pump produces pumps for various industries, including agriculture, mining, and wastewater management.
“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. 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.”
Upon closing, the acquired businesses will be reported as part of Xylem’s Water Infrastructure segment. Beginning in January 2027, they will be reported as part of Xylem’s Flow Solutions segment, which provides pumping, transport, and flow-centric solutions that enable the movement, distribution, and application of water across municipal, industrial, commercial, and residential end markets.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.
