Announced
Financials
Tags
wastewater treatment
Acquisition
Water
Friendly
Private
Pending
Single Bidder
Majority
Israel
Domestic
Synopsis
GES, a company that operates in the desalination, water treatment and wastewater sector, agreed to acquire Aqwise, a technology company in the global water sector. Financial terms are not disclosed. "The combination of Aqwise's engineering capabilities, the range of specialized technologies and its sizable global footprint, coupled with GES's robust executive capabilities and Generation's financial backing, are going to facilitate the delivery of a complete portfolio of services in the water and wastewater sectors to Tier-1 industrial customers, to municipalities and to other players dealing with environment-related challenges, including operational aspects and long-term financing," Michael Dayan, GES CEO.
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