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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.