IFLR1000

Xylem $1.7 billion acquisition of Sensus USA

15/8/2016
Private acquisition
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$ 1.7 billion

Announced

15/8/2016

Overview:

  • Water technology company Xylem has acquired utilities metering technology company Sensus USA in a $1.7 billion deal.
  • The purchase comes amid recent regulatory measures have meant stricter controls on utilities' usage across the US.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Utilities

Firms:
Gibson Dunn & Crutcher

Party: Xylem (Acquirer)

Lawyers: Aaron Adams, Barbara Becker

Mayer Brown

Party: Sensus USA (Target)

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