M&A/ Partnerships
- Pentair Inc has acquired Norit Holding BV’s Clean Process Technologies (CPT) division, which specializes in membrane solutions and clean process technologies for water and beverage filtration and separation, for €503 million.
http://www.filtsep.com/view/18009/pentair-closes-norit-clean-process-technologies-acquisition/ - Eaton Corp has completed its acquisition of German filtration company Internormen Technology Group, which specializes in hydraulic filtration and instrumentation.
http://www.dailymarkets.com/stock/2011/05/16/eaton-acquires-internormen-tech/
Projects
- India’s VA Tech Wabag has selected Amiad Filtration Systems’ Arkal disc filtration technology (SpinKlin Disc Filters) to help convert seawater to potable water at a seawater desalination plant in Chennai, India.
http://www.filtsep.com/view/18034/amiad-filters-selected-for-indian-desalination-plant/ - DuPont has reduced fresh water intake by 91,000 m3 per year at its Dordrecht facility (Netherlands) thanks to GE’s water treatment technology.
http://www.waterlink-international.com/news/id1876-Chemical_Plant_Reduces_Freshwater_Consumption.html - Veolia and Aqualia are thought to be the two frontrunners for the Neva Water Project PPP, a roughly $400 million deal. The City of St Petersburg and Vodokanal will name a preferred bidder for the 30-year design-build-finance-operate contract in October.
http://www.projectfinancemagazine.com/Article/2829269/Vodokanal-to-shortlist-five-for-Neva-Water-PPP.html?ArticleId=2829269 - Maynilad Water Services, Inc., the largest private water concessionaire in the Philippines in terms of customer base, is investing P110 million to boost water supply in its critical concession areas by building three modular water reservoirs in Quezon City. The reservoirs, set to be completed within the year, …
