BJERRINGBRO, Denmark – Grundfos has signed an agreement with Grundfos Russia local management members to acquire the two Grundfos legal entities in Russia. The transaction allows the new owners to run a non-Grundfos business in Russia and Belarus. The Grundfos brand and other Grundfos Intellectual Property Rights are not part of the divestment and will therefore remain fully in Grundfos’ ownership.

COPENHAGEN, Denmark – Grundfos today announced its optimistic vision for the world’s water, energy and climate challenges, with a new brand promise that reaffirms and strengthens its commitment to pioneer solutions to the world's water and climate challenges and improve quality of life for people.

Underpinned by the endline ‘Possibility in every drop,’ Grundfos’ new promise is to respect, protect and advance the flow of water:

BJERRINGBRO, Denmark - HP Nanda has joined Grundfos as executive vice president and divisional CEO, water utility. Nanda is a seasoned industrial executive with 23 years of experience gained at DuPont. He joins Grundfos from a role as the vice president and general manager of the global DuPont Water Solutions Business, where he led a ~$1.5B business which comprises a team of 2500 employees, 11 manufacturing sites, 9 technology centers and a commercial presence in most countries.