Description

Veralto’s $465 Million Cleanwater1 Takeover Could Reshape Water Treatment!

Veralto Corporation is expanding its water-treatment portfolio again, agreeing to acquire Cleanwater1 for $465 million, or approximately $452 million after estimated tax benefits, with closing expected in the fourth quarter of 2026. Cleanwater1 supplies on-site hypochlorite disinfection, solids-management and odor-filtration technologies and has roughly 25,000 installed units across municipal water and industrial applications. The target generated about $135 million of sales during the 12 months ended June 30, 2026, including roughly 25% from aftermarket revenue, while delivering low-double-digit sales CAGR since 2023. The transaction follows Veralto’s recent acquisition of India-based Alfaa UV and reinforces management’s stated preference for disciplined bolt-on M&A across Water Quality. During its latest earnings call, management also highlighted strong industrial demand, water scarcity, recycling and reuse, municipal wastewater activity and data-center-related investment as important growth drivers. Cleanwater1 therefore enters a portfolio already benefiting from favorable water-treatment spending trends and established Trojan Technologies customer relationships.