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Granite Construction to Acquire Layne Christensen in $565 Million Stock Merger Transaction

WATSONVILLE, Calif. & THE WOODLANDS, Texas–(BUSINESS WIRE) Granite Construction Incorporated (NYSE: GVA) and Layne Christensen Company (NASDAQ: LAYN) announced today that they have entered into a definitive agreement whereby Granite will acquire all of the outstanding shares of Layne in a stock-for-stock transaction valued at $565 million, including the assumption of net debt. The transaction, which was unanimously approved by the Boards of Directors of both companies, is expected to …Read More

Water Remediation Technology (WRT) acquires Loprest Water Treatment Company

ARVADA, Colo., Jan. 15, 2018 /PRNewswire/ — Water Remediation Technology (WRT) is pleased to announce the acquisition of the Loprest Water Treatment Company (Loprest). Based in Northern California, Loprest specializes in water filtration, and treatment processes for the removal of iron and manganese, arsenic, nitrate and other contaminants. With hundreds of installations throughout California and the world, Loprest has provided reliable, durable, and cost-effective water treatment solutions for over ninety years. Established in 1928 in San Francisco, …Read More

Ecolab acquires Cascade Water Services

Ecolab Inc has bought Cascade Water Services Inc, a privately held company that provides water treatment programs and services to the US institutional market, mainly in New York and Florida. Cascade Water Services, which had sales of approximately US$35 million in 2017, will become part of Ecolab’s Water business. “As commercial building, lodging and healthcare facilities continue to expand, the demand for experts who can bring effective solutions to our …Read More

Sulzer to Acquire JWC Environmental, LLC

Sulzer signed a binding agreement to acquire JWC Environmental, LLC (“JWC”). JWC is a leading provider of solids reduction and removal products such as grinders, screens, and dissolved air flotation system for municipal, industrial and commercial wastewater applications. The acquisition strengthens Sulzer’s wastewater treatment offering through complementary equipment and improves its access to the key US municipal wastewater treatment market. The enterprise value is USD 215 million (CHF 212 million). …Read More

Xylem to acquire Pure Technologies

RYE BROOK, N.Y.–(BUSINESS WIRE)–Xylem Inc. (NYSE: XYL), a leading global water technology company, today announced that it has entered into a definitive agreement to acquire all the issued and outstanding shares of Pure Technologies Ltd. (Pure) (TSX: PUR) for CAD $9.00 per share in cash, representing an enterprise value of CAD$509 million, or USD$397 million. Pure’s Board of Directors has unanimously approved the transaction and recommends that Pure shareholders vote …Read More

CTI-ORELIS acquires CeraMem®

CTI-ORELIS acquires CeraMem® assets and reinforces its presence in North America. The group CTI-ORELIS is announcing the acquisition of the CeraMem® assets from Veolia Water Technologies. They will immediately begin integrating the new business, developing synergies for advanced ceramic membrane based solutions for the oil and gas industry. “This is a major step forward for our Group,” says François Garcia, CEO of CTI-ORELIS. “Through the acquisition of CeraMem®, we will …Read More

Evoqua Water Technologies’ IPO priced at $18 per share

(Reuters) – Wastewater treatment systems provider Evoqua Water Technologies Corp (AQUA.N) said on Wednesday its initial public offering was priced at $18 per share, raising about $500 million. The 27.78-million share offering was priced at the midpoint of the expected range of $17 to $19 and is expected to debut on the New York Stock Exchange under the symbol “AQUA” on Thursday. Evoqua is the largest North American provider of …Read More

Japan’s Kuraray to acquire Calgon Carbon

Japanese specialty chemical company Kuraray Co Ltd is to acquire the US activated carbon manufacturer Calgon Carbon Corp in a deal valued at more than US$1.3 billion. Kuraray will pay US$21.50 per share in cash for New York Stock Exchange-listed Calgon Carbon. Once the deal closes, Calgon Carbon will be delisted from the NYSE and become a wholly-owned subsidiary of Kuraray. The acquisition will be completed through a merger of …Read More

GE Water to be rebranded as SUEZ Water Technologies & Solutions after acquisition

PARIS, France – French environmental giant SUEZ will integrate and rebrand GE’s industrial water business as SUEZ Water Technologies & Solutions following its multi-billion euro acquisition. In its half-year net results released today, SUEZ said it expects the financial transaction to close in September, subject to regulatory approvals. It added that: “A meeting will be held in fourth-quarter 2017 to detail the Group’s strategy on these markets and provide more …Read More

Emefcy and RWL Water Merge to Create Fluence, a Full-Service Distributed Water Solutions Corporation 

Fluence offers decentralized, cost-effective, quick-to-deploy water and wastewater treatment solutions to clients worldwide, bringing leading-edge treatment technology to companies and communities. NEW YORK – July 17, 2017 – Emefcy Group Limited (ASX: EMC) (“Emefcy”) and RWL Water LLC have completed their definitive merger agreement effective July 14, 2017 to form Fluence Corporation Limited (“Fluence”) (ASX: FLC), bringing together breakthrough technologies and proven delivery platforms to optimize treatment solutions for the water cycle for the 21st century. Fluence’s …Read More