Kemira to acquire Water Engineering from Nolan Capital for $150m.

Kemira, a Finland-based chemical company focused on water and industrial solutions, agreed to acquire Water Engineering, a US company specializing in industrial water treatment services, from Nolan Capital, a private equity firm, for $150m. “This acquisition is a key milestone in our strategy to double the water revenue and establish a strong position in industrial water treatment services,” Tuija Pohjolainen-Hiltunen, Kemira Executive Vice President.