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Mergers & AcquisitionsMedium•4 May 2026•

1 min read

KKR and XPV Water Partners Agree to Sell Axius Water to CRH

Key Facts

1KKR and XPV Water Partners announced a definitive agreement to sell Axius Water to CRH, a leading building materials company.

KKR and XPV Water Partners have announced a definitive agreement to sell Axius Water, a leading provider of advanced water quality solutions, to CRH, a global leader in building materials. The sale follows the significant growth of Axius Water since its formation in 2019 as a unified platform for nutrient management and water treatment solutions. Through this acquisition, CRH aims to strengthen its water infrastructure portfolio and expand its environmental service offerings. The integration of Axius’s technical expertise is expected to support CRH’s sustainable growth strategy across international markets. This transaction marks a successful exit for KKR and XPV after scaling the platform into a major player in the water technology sector.