CORPORATE DEALS

On the equipment supply side, Haestad Methods has been acquired by Bentley Systems.

Haestad specialises in hydrologic and hydraulic modelling software with products such as CivilStorm Dynamic, WaterGEMS, WaterCAD and PumpMaster. Bentley generates revenues of $260 million from software for managing infrastructure over its lifecycle.

Private equity players have continued to make inroads into the equipment manufacture sector, with the sale of Culligan to Clayton, Dubilier & Rice for $610 million in cash. Culligan ...

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