# ITT completes acquisition of Rheinhütte Pumpen Group

ITT Inc has completed its acquisition of the Rheinhütte Pumpen Group, a German pump maker. The deal was previously reported in February 2019.

- Type: Acquisition
- Announced: 2019-05-01
- Where: Germany
- Value: $91.0M (81.0M EUR)
- Status: completed
- Products: pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Aliaxis](https://endata.com/companies/2060.md) (partner)
- [ITT Inc.](https://endata.com/companies/4662.md) (acquirer)
- [Rheinhütte Pumpen](https://endata.com/companies/4663.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s1359-6128(19)30113-2), 2019-05-01: "ITT Inc has completed its acquisition of Rheinhütte Pumpen Group (see Pump Industry Analyst, February 2019)."
- [aliaxis.com](https://aliaxis.com/aliaxis-completes-divestment-of-rheinhutte-pumpen/), 2019-05-02: "Aliaxis SA has announced today that it has completed the divestment of Rheinhütte Pumpen to ITT Inc."

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