KKR, a global investment firm, and XPV Water Partners, a water-focused investment firm, announced the signing of a definitive agreement to sell Axius Water to CRH, a building materials company. The transaction is expected to close in second quarter of 2026.
"As pressures on global water systems intensify, water quality challenges in developed markets are mounting. We formed Axius alongside XPV to help address these challenges, bringing together specialized businesses into a scaled platform with real depth of talent and expertise," said Kyle Matter, Managing Director and Head of North America Global Impact at KKR.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.