Halma acquires water quality tech firm Pyxis for $170 million
LONDON: Halma Plc, the global group of life-saving technology companies, announced Wednesday it has agreed to acquire Pyxis, a Texas-based specialist in water quality monitoring and analysis, for an initial cash consideration of $170 million. The acquisition, funded from Halma’s existing facilities, covers three separate Pyxis companies on a cash- and debt-free basis. The deal…