Axius Water adds to platform

Axius Water has acquired Napier-Reid, a supplier of custom-engineered water and wastewater treatment systems located in Ontario, Canada.

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Napier-Reid carries a full range of products for municipal and industrial wastewater treatment, from SBR (Sequencing Batch Reactor), RBC (Rotating Biological Contactor), DAF (Dissolved Air Floatation) and gravity clarifiers, to sludge heat exchangers, and grit removal systems. On the clean water side, Napier-Reid also designs and supplies gravity and pressure filtration trains, membrane filtration and ion exchange systems for drinking water and industrial process water applications.

Axius Water, which was founded in 2019 by KKR’s Global Impact Fund, in partnership with XPV Water Partners, is a portfolio of businesses focused on improving the effectiveness of wastewater treatment in industrial and municipal applications. Napier-Reid now joins fellow Axius businesses including ATAC Solutions, Environmental Dynamics International (EDI), Environmental Operating Solutions (EOSi), and Nexom.

With expertise in nutrient management at the core of all Axius Water businesses, Napier-Reid complements and extends its expertise into the drinking water space.

Napier-Reid vice president Frank Li will continue to hold the critical role of vice president and general manager at Napier-Reid and will be responsible for the day-to-day operations while also contributing to the robust infrastructure of the Nexom operations in Winnipeg, Canada.

“We are thrilled to finally have Frank Li and the Napier-Reid team now part of Axius. Frank and his team are passionate about solving customer problems, simple or complex, large or small. This fits so well into the Axius strategic mission of investing in businesses with sustainable water solutions,” said Chris McIntire, CEO of Axius Water.

Napier-Reid co-owner Tim Otton will transition into the role of production manager and focus on increasing manufacturing capacity to meet growing demand.