Grundfos to acquire Mechanical Equipment Company (MECO), its second water-treatment deal since 2020

Pump manufacturer Grundfos entered an agreement to acquire Mechanical Equipment Company (MECO), a U.S. industrial water-treatment leader, pending regulatory approval. It is Grundfos's second such water-treatment acquisition since acquiring EUROWATER in November 2020, indicating a consolidation strategy in water treatment. Not a home-services trades roll-up.

“When completed, it will represent the second such transaction since November 2020, when Grundfos acquired EUROWATER, one of the leading suppliers of decentralized water treatment equipment and solutions in Europe.”

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