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Water: Week in Review

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With all the attention that the Oil and Gas sector has so far received for its lavish use and disposal of water, it was only a matter of time before we saw companies respond with new products and partnerships to address problems.  While we’ve already begun to notice this trend in the past year, this week in particular stands out given the new products from both OriginOil and Aquatech.  Separately, stormwater management is receiving special attention via new partnerships focused on educating, implementing, and managing stormwater solutions for residences and communities alike.  For details on those products, and other news stories in Water, continue reading below.

M&A/ Partnerships

Projects

  • A Gold Coast desalination plant that provided safe drinking water to residents of Brisbane during the 2011 floods is now expected
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Water: Week in Review

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Headworks and its sister company, Headworks BIO, have had an exciting week.  While one company secured an option agreement with Texas A&M University (to license technology), the other landed a nearly $1MM contract to provide screens for an advanced wastewater treatment plant.  Meanwhile, Grundfos, Ostara, and Mitsui all dipped their feet in the VC/M&A world this week.  The details on these stories and more can be found below.

M&A/ Partnerships

Projects

Water: Week in Review

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After all the activity this week, we can expect to see new desalination plants pop up in exciting places all over the world, including Qatar, Singapore, South Australia, Djibouti, and Saudi Arabia.  To find out what else is going on in water around the world, continue reading below:

M&A/ Partnerships

Water: Week in Review

artipatel

We’ve seen a lot of activity in the Water space this week – especially in Asia, where new partnerships and investments have dominated the news.  Particularly, Aquatech International made a majority strategic investment in India’s WEX Technologies, ITT Corporation and Singapore’s Public Utilities Board announced plans to establish a joint R&D program, and Northumbrian Water received a takeover proposal from Hong Kong-based Cheung Kong Infrastructure Holdings (CKI).  For more on these stories and other water-related news around the world, see our highlights below:

M&A/ Partnerships

  • Desalitech Ltd will work with mineral and water drilling and treatment company Layne Christensen to design and build an innovative desalination system – a 43,000 gpd (167,000 L/d) brackish-water reverse-osmosis (BWRO) unit featuring Closed Circuit Desalination technology.  The new unit will

Water: Week in Review

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M&A/ Partnerships

  • TEE International acquires GETCO, one of the largest wastewater treatment companies in Thailand, for about $7.8 million (S$9.7 million).  TEE International said that the acquisition is a strategic move that allows the group to gain cutting edge expertise and extend its footprint into the waste water treatment business in Thailand and the South East Asian region via the engineering segment.
    http://singaporebusiness.asia/tee-international-acquires-thai-based-getco/

Projects

  • Israel’s Amiad will provide its proprietary SpinKlin Disc Filters for the Aquapolo tertiary wastewater treatment project