On 1st November, ITT Water & Wastewater became part of
Xylem. The new company was launched following the spinout of the
three divisions of ITT Corporation (USA) to form three new
standalone businesses.
Xylem Incorporated is a $3.2 billion global company, delivering
market-leading solutions to the transport, treatment, testing and
efficient use of water in public utility, residential and
commercial building services, industrial and agricultural settings.
Xylem operates within four divisions providing complete water
technologies and services; one of which is Water Solutions,
consisting of 5 market leading brands and with its UK head office
located in Colwick, Nottingham.
Peter Lewington, Managing Director for Xylem, Water Solutions
comments:
"Changing the structure of ITT Corporation will allow us to move
a forward as a standalone company that is focused exclusively on
water."
Xylem now brings to the marketplace a powerful combination of
leading brands, products, services and applications expertise,
backed by a legacy of innovation and strong customer
relationships.
"From our new position as a standalone company, we will be able
to leverage our shared history of innovation to offer a more
dedicated service to both new and existing customers. Furthermore,
we can capitalise on new opportunities within our market to
continually expand our portfolio of solutions in line with the very
latest industry technologies."