Axius Water acquires Italy's MITA Water Technologies

Abstract

 

Axius Water has acquired MITA Water Technologies, a supplier of wastewater filtration systems based in Siziano, Italy.

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This acquisition follows a successful partnership between the two companies forged in 2022 to leverage Axius’ US-based manufacturing facility in Columbia, Missouri to become the manufacturing facility for Made-in-America MITA pile cloth filters for North American customers. MITA Water Technologies was formerly part of MITA Group.

Chris McIntire, Axius CEO, aid: “We are thrilled to welcome MITA Water Technologies to Axius after a long standing and successful commercial partnership. Not only do these technologies broaden our mission to stop nutrient pollution, but the acquisition also broadens our reach from our North American headquarters and U.K. foothold further into Europe.”

With over 50 years of industry expertise, MITA Water Technologies’ products include pile cloth filters, Biorulli for biological wastewater treatment, Biocombi compact plants for small communities, lamella pack systems for clarification and oil removal, continuous sand filters for tertiary treatment, and dissolved air floatation systems for civil wastewater and process water.

“We look forward to joining Axius and to the many opportunities that come with being part of this larger water-focused group that aligns closely with our area of expertise," said Tomasso Pittini, MITA Water Technologies General Manager. "With our solid partnership already in place, this transaction is a win-win and will allow us to continue to operate as business as usual.” 

As part of Axius, MITA Water Technologies will have access to an expanded suite of water and wastewater solutions and be able to reach a greater number of communities of all sizes in North America and in Europe. MITA Water Technologies will have the resources associated with working side-by-side with Axius operating companies including ATAC Solutions, EDI (Environmental Dynamics International), EOSi (Environmental Operating Solutions), Napier-Reid, Nexom and Triplepoint.

Axius Water was founded in 2019 by KKR’s Global Impact Fund, in partnership with XPV Water Partners.