Who Owns Flygt?
Flygt is owned by Xylem Inc. (NYSE: XYL), a publicly traded water technology company headquartered in Washington, DC. Founded in Sweden in 1901 and a pioneer of the submersible pump, Flygt has been part of Xylem and its predecessor ITT Corporation since 1968. Its pumps and mixers are developed and manufactured in Emmaboda, Sweden, for wastewater and dewatering applications worldwide.
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Who Owns Flygt?
- Parent Company: Xylem Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: XYL
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Flygt | Xylem Inc. | Wholly owned |
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History of Flygt
- Founded: 1901
- Founders: Per Alfred Stenberg, Hilding Flygt
Per Alfred Stenberg established a foundry in Emmaboda in 1901, producing molds for the glass industry. In 1922 Hilding Flygt set up a pump and fan sales company in Stockholm, and a 1929 newspaper advertisement brought the two businesses together. The Stenberg brothers began producing Flygt pumps in Emmaboda.
Chief engineer Sixten Englesson invented the first submersible drainage pump in 1947 and the first submersible sewage pump in 1956, innovations that redefined wastewater handling and gave the brand its technical identity. The submersible design put the motor underwater with the pump, eliminating the dry-pit pump rooms that municipal systems had required.
ITT Corporation bought the company in 1968 and expanded the range through the 1970s with mixers and control systems. Under Xylem since 2011, Flygt remains the market reference for municipal wastewater pumping, with adaptive and connected pump lines extending the original invention.
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About Xylem Inc.
Is Xylem publicly traded?
Yes. It trades on the NYSE under ticker XYL and is in the S&P 500.
What does the name Xylem mean?
Xylem is the plant tissue that transports water from roots to leaves, chosen to signal the company's focus on moving water.
Who is the CEO of Xylem?
Matthew Pine, who became president and CEO in January 2024.
Did Xylem buy Evoqua?
Yes. The approximately $7.5 billion all-stock acquisition closed in May 2023, creating the world's largest pure-play water technology company.
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Where is Xylem headquartered?
Washington, DC, at 301 Water Street SE.
What companies did Xylem spin off from?
ITT Corporation, in a 2011 three-way split.
- Founded: 2011
- Headquarters: Washington, District of Columbia, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: XYL
- Revenue: $9.0 billion (FY2025)
- Employees: Approximately 22,000
Where Is Flygt Made / Based?
- Headquarters: Emmaboda, Sweden
Flygt Categories & Tags
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Flygt Ownership: Pros & Cons
Advantages
- +Category-defining brand that invented the submersible pump
- +Global distribution and service through Xylem
- +Installed base drives recurring parts revenue
Considerations
- -Premium pricing invites competition from regional pump makers
- -Municipal budget cycles drive order timing
- -Brand identity depends on Xylem's continued product investment
Frequently Asked Questions About Flygt
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Sources & Further Reading
Competitors to Flygt
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Xylem | USA | 2011 | Mass market | Global | All Genders |
Learn More About Competitors
Competitive Analysis
Market Positioning: Flygt competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Brevini is privately owned, unlike Flygt which is under a publicly traded parent company.
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CHS is privately owned, unlike Flygt which is under a publicly traded parent company.
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Dalmia Cement is privately owned, unlike Flygt which is under a publicly traded parent company.
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Graybar is privately owned, unlike Flygt which is under a publicly traded parent company.
Xylem Inc. Stock Information
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Jobs at Xylem Inc.
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