Ecolab Makes Equity Investment in Aquatech International
ST. PAUL, Minn. – July 15, 2016 – Ecolab Inc., the parent company of Nalco Water, has made a minority equity investment in Aquatech International. Based in Canonsburg, Pa., Aquatech is a privately owned global leader in the design and engineering of complex and comprehensive water treatment solutions that improve water quality and reduce net water usage. Aquatech also provides a suite of industry-leading technologies for the reuse and recycling of water in the most demanding of industrial settings.
Through this relationship, Nalco Water, a global leader in industrial water treatment solutions and services, increases its leading capabilities to provide customers with comprehensive end-to-end solutions to minimize net water usage and maximize process performance and productivity.
“Diminishing access to clean water is one of the greatest risks facing the world today,” said Christophe Beck, Ecolab executive vice president and president of Nalco Water. “Ecolab’s unique water and hygiene solutions, automation expertise and team of 25,000 on-site experts have long provided superior solutions for our customers. This relationship with Aquatech brings technologies and design and engineering capabilities that further expand our ability to provide the most advanced and robust total water management solutions to our customers.”
“We are excited about the opportunity to deploy our cutting-edge technology solutions with Nalco Water’s industry-leading services,” said Venkee Sharma, chief executive officer of Aquatech. “With the combination of the two companies’ expertise, technologies and global footprint, we will provide the most comprehensive total water management solutions to any industry, anywhere in the world.”
A trusted partner at more than one million customer locations, Ecolab (ECL) is the global leader in water, hygiene and energy technologies and services that protect people and vital resources. With 2015 sales of $13.5 billion and 47,000 associates, Ecolab delivers comprehensive solutions and on-site service to promote safe food, maintain clean environments, optimize water and energy use and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world.
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Established in 1981, the privately held Aquatech is a leading global provider of industrial and infrastructure water treatment solutions and services. Based in Canonsburg, Pa., it has offices throughout North America and has a significant presence worldwide through subsidiaries in Europe, the Middle East, India and China. Primary product groups offered by Aquatech are Raw Water Treatment, Ion Exchange, Membrane Processes, Wastewater Recycle / Reuse, Zero Liquid Discharge, Industrial Concentration and Desalination. In the past 35 years Aquatech has executed more than 1,500 projects, integrating several of its product groups, in over 60 countries across the globe, for the power generation, chemical, petrochemical, pharmaceutical, microelectronics, and other industries. Aquatech, through its subsidiaries and offices, has global capabilities to suit logistics of project sites throughout the world. For more information, visit aquatech.com