Water treatment solutions and technologies company Aquarion Group has integrated all of its operating companies under H+E Group.
Aquarion, which recently received funding of more than €15 million from the Sustainable Growth Fund, says the move will enable it to strengthen and streamline its EPC business and accelerate its plan to become one of the world’s leading water treatment companies.
Aquarion’s other group companies, including MFT GmbH (Membran-Filtrations-Technik), GEMWATER srl and H2Oil & Gas, will be part of H+E Group. All these companies will be rebranded as H+E. The former H2Oil & Gas will be the lead company of H+E Group’s oil & gas division.
H+E (formerly Hager+Elsässer) has been Aquarion’s core operating company since being acquired in 2014. Based in Stuttgart, Germany, H+E specialises in industrial process water and wastewater treatment solutions. The company has completed more than 30 000 installations in 135 countries over the past 85 years.
“For many years, H+E has been one of the world’s leading suppliers of technologies and processes for industrial water treatment solutions. This development adds a new dimension to our capabilities and creates synergies that leverage our collective strengths and experiences,” said Thomas Will, CEO of H+E and chief operating officer of Aquarion Group.
“The consolidation of our operating companies into H+E enables us to best serve the needs of the global marketplace. We will continue to grow our global footprint led internally by H+E, which is dedicated to providing total solutions on an EPC and turnkey basis to customers around the world, as well as through acquisitions of companies that further strengthen our portfolio of superior technologies and broaden our geographic reach,” said Karl Michael Millauer, CEO of Aquarion Group.