ITT seals RheinhüttePumpen acquisition

 ITT Inc has completed its acquisition of RheinhüttePumpen Group.
Rheinhütte, which is headquartered in Wiesbaden, Germany, manufactures centrifugal and axial flow pumps for the handling of aggressive media in chemical, mining, renewable energy and refinery processes. The business employs approximately 430 people and had full-year 2018 revenue of approximately €61.5 million.