INDICOR

Xylem has agreed to acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, adding slurry, solids-handling and self-priming pumps. Closing is expected in the fourth quarter of 2026.

Ametek agreed to buy the instrumentation businesses of Indicor, owned by private-equity firm CD&R, for about $5 billion in cash. The units generate $1.1 billion in annual sales and the deal is expected to close in the second half of 2026.

Hasen Technology (Nantong), a subsidiary of Indicor Group, opened its manufacturing facility in the Nantong National High-Tech Industrial Development Zone on 5 December 2024, with a goal of making 200,000 valves annually.

FFL Partners agreed to sell its investment in Ovarro, a critical infrastructure technology specialist, to Indicor LLC, a diversified industrial company.

Honeywell agreed to acquire Compressor Controls Corporation from Indicor for $670 million to expand its Forge Performance+ asset performance management offering. The deal is expected to close in the second half of 2023.

Xylem said it would acquire the Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, expanding its industrial and municipal pumping operations.

Honeywell agreed to acquire Compressor Controls Corporation (CCC), a turbomachinery control provider, from INDICOR LLC for $670 million in an all-cash deal announced April 26, 2023. The deal is about 15x 2023E tax-adjusted EBITDA.