Veralto agrees to buy Cleanwater1 for $465 million - VLTO News | RalliesVeralto agrees to buy Cleanwater1 for $465 million
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VLTO• Veralto to acquire Cleanwater1 for $465 million
- Veralto agreed to buy Cleanwater1 for USD 465 million, or about USD 452 million net of estimated tax benefits.
- Closing targeted for Q4 2026, subject to customary closing conditions.
- Cleanwater1 provides on-site hypochlorite disinfection, solids management, odor filtration; installed base about 25,000 units.
- Purchase price equals about 17x LTM adjusted EBITDA as of June 30, 2026; LTM sales about USD 135 million.
- Deal expected neutral to modestly accretive to adjusted EPS in 2027; ROIC projected at or above WACC by year four.
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