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Xylem to divest UK valve business to Rotork

Xylem Inc is selling its Wolverhampton, UK-based valve business, Xylem Flow Control Ltd, to Rotork plc, in a US$25 million deal.

The Xylem Flow Control business, part of Xylem’s Applied Water Systems (AWS)
Growth Center, provides pneumatic and hydraulic valves and related products to
original equipment manufacturers, primarily in the oil and gas sector.
Brands include Midland-ACS, Alcon and Landon Kingsway. In 2013, the business reported sales of US$25 million.