De.mem to acquire Australian pump and filter business

De.mem Ltd, a provider of decentralized water and wastewater treatment solutions, has signed a binding agreement to acquire the Border Pumpworks business, based in Wodonga in regional Victoria, Australia.

Border Pumpworks provides design, supply, installation and servicing of filtration, fluid flow and pumping systems, with revenues being mostly recurring, derived from service & maintenance work as well as pump, filter and consumables sales. The business services a wide range of customer segments, including manufacturing, food production, breweries and wineries, resorts, hydroelectric and water supply utilities, and municipal clients.

The Border Pumpworks acquisition adds another established workshop to the De.mem group in a strategic location.

“The acquisition of the Border Pumpworks business continues our track record of carefully identifying and acquiring strategic bolt-on acquisitions,” said De.mem CEO Andreas Kroell. “It brings a unique customer base into De.mem and provides for substantial cross-selling opportunities. I am excited by the opportunity to introduce De.mem’s extensive product and service range to their long-standing customers.”

Border Pumpworks director Quentin Ferry said: “We are delighted to conclude the transaction with De.mem. The combination of our offering and customer base with De.mem’s wider product range around their innovative membrane technologies and specialty chemicals opens up substantial growth potential for our business.” Ferry will retain his role post-transaction, joining the De.mem management team and supporting the integration of the business into De.mem group.