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Aquaporin adds to management team
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Industry news Filtration+Separation July/August 2013
Aquaporin adds to management team Madsen will head up the Danish company’s newly established business development department in Copenhagen. He has 30 years of experience in sales, business development and management in a number of industries.
Steen Ulrik Madsen, the new vice president, business development at Aquaporin A/S.
Steen Ulrik Madsen has been appointed vice president, business development at Aquaporin A/S.
As vice president, Madsen will be responsible for bringing the company’s first product to the market in 2014 and will play an important role in transforming Aquaporin from an entrepreneurial business into an international, commercial company.
The three year contract has an option to be extended for another seven years. FilterClear’s selection as a tertiary solution follows a positive fourmonth operation of a FilterClear demonstration plant at Anglian Water’s Cambridge Sewage Treatment Works. Daniel Ishag, founder and CEO of Bluewater Bio, said:
Desalination technology company Desalitech has secured an additional US$5 million in equity funding from US private equity firm Liberation Capital and its institutional investors. This latest funding increases Liberation Capital’s total investment in Desalitech to US$9.5 million and brings the total amount raised by the water treatment technology company to over US$13 million. Desalitech will use the funds to accelerate its production of highrecovery low-cost industrial water treatment solutions.
www.aquaporin.dk
Bluewater Bio wins framework contract from Anglian Water for FilterClear technology Bluewater Bio International’s FilterClear multimedia filtration technology has been included in Anglian Water’s Tertiary Solids Removal Framework.
Desalitech secures further US$5mn in funding from Liberation Capital
“This award, with one of the UK’s largest utility companies, renowned for its robust R&D focus, represents our first framework deal in the UK. To be selected after undergoing such vigorous testing and validation at their Cambridge facility is further testament to the value proposition that we hope to replicate with many other water companies around the world.” Bluewater Bio acquired Glasgow-based FilterClear’s filtration technologies in September 2011. www.bluewaterbio.com
“Liberation Capital is providing more than just funding,” said Desalitech CEO Nadav Efraty. “This investment is a vote of confidence from experienced
water experts that recognize how our proven products can change the economics of water treatment, providing more reliable, costeffective solutions to maximize the performance of industrial manufacturing operations.” “Desalitech has developed a superior and differentiated technology to meet the growing and irreversible market demand for high efficiency and high recovery,” said Jeff Garwood, managing director of Liberation Capital. “Their solutions are ideal for industrial and agricultural water treatment, where fresh water supply and effluent disposal costs have become a burden, or even a limiting factor in many cases.” www.desalitech.com www.liberationcapital.com
GL Capital links up with Gherzi Textil GL Capital LLC, an association of Edward C Gregor & Associates LLC and Lovell Global Holdings LLC, is partnering with Swiss consultancy Gherzi Textil Organisation AG to support each company’s business efforts in Europe, North America and worldwide. The two companies specialize in consulting and mergers and acquisitions within technical textiles and filtration. Edward C Gregor & Associates LLC, which brings new technologies to market in the textile and filtration
industries, joined together with John Lovell in 2008 to form GL Capital. John Lovell had been managing director of Lovell Global Holding LLC for more than 30 years and has completed over 80 merger and acquisition transactions, including the licencing of technology in North American and overseas. Gherzi is a global management consulting and engineering company with a special focus on the textile industry. www.egregor.com www.gherzi.com
Dürr expands air pollution control portfolio Germany’s Dürr Group is acquiring environmental technology specialist Luft- und Thermotechnik Bayreuth GmbH (LTB). Founded in 1958, LTB’s product range includes scrubbers, filters and cyclones. The company employs 120 people in Goldkronach, Germany, and
generated revenues of €24 million in 2012. LTB filed for insolvency earlier this year following cost overruns and delays on major projects. Under an asset deal, Dürr is acquiring LTB’s assets but none of its liabilities. The acquisition, which is still subject to anti-trust
clearance, will take effect from 1 June 2013. Ralph Heuwing, Dürr’s chief financial officer and the board member responsible for Clean Technology Systems, said: “The acquisition of LTB marks a further step in the strategic expansion of our environmental and energy
efficiency technology activities. Via LTB we will be gaining access to innovative technologies which complement our existing range and entering new market segments. Moreover, we expect synergies in procurement and development.” www.durr.com www.ltb.de
Industry news Filtration+Separation July/August 2013
Aquaporin adds to management team Madsen will head up the Danish company’s newly established business development department in Copenhagen. He has 30 years of experience in sales, business development and management in a number of industries.
Steen Ulrik Madsen, the new vice president, business development at Aquaporin A/S.
Steen Ulrik Madsen has been appointed vice president, business development at Aquaporin A/S.
As vice president, Madsen will be responsible for bringing the company’s first product to the market in 2014 and will play an important role in transforming Aquaporin from an entrepreneurial business into an international, commercial company.
The three year contract has an option to be extended for another seven years. FilterClear’s selection as a tertiary solution follows a positive fourmonth operation of a FilterClear demonstration plant at Anglian Water’s Cambridge Sewage Treatment Works. Daniel Ishag, founder and CEO of Bluewater Bio, said:
Desalination technology company Desalitech has secured an additional US$5 million in equity funding from US private equity firm Liberation Capital and its institutional investors. This latest funding increases Liberation Capital’s total investment in Desalitech to US$9.5 million and brings the total amount raised by the water treatment technology company to over US$13 million. Desalitech will use the funds to accelerate its production of highrecovery low-cost industrial water treatment solutions.
www.aquaporin.dk
Bluewater Bio wins framework contract from Anglian Water for FilterClear technology Bluewater Bio International’s FilterClear multimedia filtration technology has been included in Anglian Water’s Tertiary Solids Removal Framework.
Desalitech secures further US$5mn in funding from Liberation Capital
“This award, with one of the UK’s largest utility companies, renowned for its robust R&D focus, represents our first framework deal in the UK. To be selected after undergoing such vigorous testing and validation at their Cambridge facility is further testament to the value proposition that we hope to replicate with many other water companies around the world.” Bluewater Bio acquired Glasgow-based FilterClear’s filtration technologies in September 2011. www.bluewaterbio.com
“Liberation Capital is providing more than just funding,” said Desalitech CEO Nadav Efraty. “This investment is a vote of confidence from experienced
water experts that recognize how our proven products can change the economics of water treatment, providing more reliable, costeffective solutions to maximize the performance of industrial manufacturing operations.” “Desalitech has developed a superior and differentiated technology to meet the growing and irreversible market demand for high efficiency and high recovery,” said Jeff Garwood, managing director of Liberation Capital. “Their solutions are ideal for industrial and agricultural water treatment, where fresh water supply and effluent disposal costs have become a burden, or even a limiting factor in many cases.” www.desalitech.com www.liberationcapital.com
GL Capital links up with Gherzi Textil GL Capital LLC, an association of Edward C Gregor & Associates LLC and Lovell Global Holdings LLC, is partnering with Swiss consultancy Gherzi Textil Organisation AG to support each company’s business efforts in Europe, North America and worldwide. The two companies specialize in consulting and mergers and acquisitions within technical textiles and filtration. Edward C Gregor & Associates LLC, which brings new technologies to market in the textile and filtration
industries, joined together with John Lovell in 2008 to form GL Capital. John Lovell had been managing director of Lovell Global Holding LLC for more than 30 years and has completed over 80 merger and acquisition transactions, including the licencing of technology in North American and overseas. Gherzi is a global management consulting and engineering company with a special focus on the textile industry. www.egregor.com www.gherzi.com
Dürr expands air pollution control portfolio Germany’s Dürr Group is acquiring environmental technology specialist Luft- und Thermotechnik Bayreuth GmbH (LTB). Founded in 1958, LTB’s product range includes scrubbers, filters and cyclones. The company employs 120 people in Goldkronach, Germany, and
generated revenues of €24 million in 2012. LTB filed for insolvency earlier this year following cost overruns and delays on major projects. Under an asset deal, Dürr is acquiring LTB’s assets but none of its liabilities. The acquisition, which is still subject to anti-trust
clearance, will take effect from 1 June 2013. Ralph Heuwing, Dürr’s chief financial officer and the board member responsible for Clean Technology Systems, said: “The acquisition of LTB marks a further step in the strategic expansion of our environmental and energy
efficiency technology activities. Via LTB we will be gaining access to innovative technologies which complement our existing range and entering new market segments. Moreover, we expect synergies in procurement and development.” www.durr.com www.ltb.de