# Xylem to acquire Pure Technologies for CAD 509 million

Xylem agreed to acquire all shares of Pure Technologies, a leader in leak detection and infrastructure assessment for water networks, for CAD $9.00 per share in cash, an enterprise value of CAD $509 million (USD $397 million).

- Type: Acquisition
- Announced: 2017-12-11
- Where: Calgary, Alberta, Canada
- Value: $397.0M (509.0M CAD)
- Status: announced
- Products: leak detection solutions, condition assessment solutions, infrastructure diagnostics
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Xylem](https://endata.com/companies/1595.md) (acquirer)
- [Pure Technologies](https://endata.com/companies/2535.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20171211005499/en/Xylem-acquire-Pure-Technologies-leader-smart-infrastructure), 2017-12-11: "Xylem Inc. has entered into a definitive agreement to acquire all the issued and outstanding shares of Pure Technologies Ltd. for CAD $9.00 per share in cash."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/pure-technologies-to-be-acquired-by-xylem-663356173.html), 2017-12-11: "Xylem Inc. has entered into a definitive arrangement agreement to acquire all of the issued and outstanding shares of Pure for CAD $9.00 per share in cash."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/pure-technologies-announces-securityholder-and-court-approval-for-arrangement-670980503.html), 2018-01-24: "Xylem Inc. (the "Purchaser") will acquire all of the outstanding common shares and options of Pure"
- [industrysourcing.cn](https://www.industrysourcing.cn/article/360289), 2019-03-02: "赛莱默完成了对加拿大智能化管网泄露检测技术公司Pure Technologies的收购。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.