LUND, Sweden – Alfa Laval has announced that it has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group, for a total fixed purchase price of EUR 800 million on a cash and debt-free basis. Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies, headquartered in France.
NEWS
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TAMPA, Fla. – The WateReuse Association (WateReuse) announced its annual Awards for Excellence winners today. The winners include individuals, initiatives and facilities driving increased knowledge, awareness, and adoption of water reuse practices and technologies, exemplifying the 2025 conference theme: Turning the Tide toward Water Reuse.
ST. LOUIS - Mo. – The Electrical Apparatus Service Association (EASA) will hold its Annual Convention and Solutions Expo on July 19-22, 2025, at the Gaylord Opryland Resort & Convention Center in Nashville, TN. The 2025 Convention theme is “Powering the Future.”
MILWAUKEE, Wis. – The Water Council announced an expansion of its water stewardship verification program, WAVE.
CAMDEN, N.J. – ResinTech has expanded its Camden, New Jersey, headquarters and manufacturing facility by 30,000 feet. The $10 million investment supports both infrastructure expansion and advanced process enhancements and is aligned with ResinTech’s commitment to quality and continuous improvement.
The newly engineered processes will boost domestic ion exchange resin production by 30% in 2025 compared to 2024.
HEIDENHEIM, Germany – Jan Lüder will be appointed president and chief executive officer (CEO) of Voith Hydro and member of the corporate board of management of the Voith Group effective April 1, 2025. He succeeds Dr. Tobias Keitel, who will continue his career outside Voith.
MILWAUKEE, Wis. – Dean Amhaus, the founding president and CEO of The Water Council, will retire later this year after 15 years of service to the organization.
CHARLOTTE, N.C., – Honeywell has announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader in the design, manufacturing and aftermarket support of highly-engineered pumps and gas compressors used in process industries.