Diversified manufacturer ITT Corp., White Plains, NY, has signed an agreement to purchase privately held Godwin Pumps, Bridgeport, NJ, for $585 million to expand its footprint in the global market for dewatering pumps and the rental market. Godwin is a leading supplier of automatic self-priming portable pumps used for drainage pump rental, services and sales serving the global industrial, construction, mining, municipal, oil and gas segments.
FOLLOW US >>