none

ACQUISITION COMBINES WASTEWATER TREATMENT TECHNOLOGIES

22-12-2016
by 
in 

South Australia based water treatment system manufacturer Osmoflo is set to be majority acquired by Hitachi Zosen Corporation. While the remaining 30% of Osmoflo will continue to be held by Marubeni Water Australia, Osmoflo will become a subsidiary of Hitachi Zosen.

The acquisition brings together two complementary portfolios of water treatment technologies. Osmoflo specialises in desalination and industrial water treatment systems that use membrane technology such as reverse osmosis, whereas Hitachi Zosen specialises in the multi-stage flash method.

Hitachi Zosen believes the combined expertise will make it ideally placed to take advantage of opportunities in the desalination and industrial water treatment business in global markets, including the Middle East.

The acquisition deal is expected to be concluded early in 2017.

Osmoflo Holdings
1300 637 635
www.osmoflo.com

Related news & editorials

  1. 22.03.2019
    22.03.2019
    by      In
    OMAX Corporation, a manufacturer of abrasive waterjet systems, plans to join forces with Hypertherm, a manufacturer of industrial cutting systems and software, following the signing of a definitive merger agreement that establishes OMAX as a wholly owned subsidiary of Hypertherm.
    When the agreement... Read More
  2. 22.03.2019
    22.03.2019
    by      In
    Whether trapezoidal, high helix or metric threads, lead screws in combination with nuts made of iglidur high-performance polymers ensure lubrication-free adjustment for long-lasting and smooth running. But designing the right drive solution has so far demanded the necessary knowledge in technical... Read More
  3. 22.03.2019
    22.03.2019
    by      In
    CSIRO research into the Melbourne to Brisbane Inland Rail project has found that shifting horticulture and processed agriculture, such as meat, rice and dairy products, from road to rail could reduce transport costs for the agricultural sector by an estimated $70 million per year.
    Last year,... Read More
  4. 22.03.2019
    22.03.2019
    by      In
    The executive board of German bearings manufacturer Schaeffler AG has made appointments based on decisions by the company’s supervisory board on March 1st, 2019. The executive board will continue to consist of eight managing directors and the four regional CEOs, but the new appointees will make the... Read More