“The acquisition of Piedmont will allow H2O Innovation to increase its presence in the membrane desalination industry through a large international sales network that we intend to maintain and support actively. Moreover, we envision multiplying the number of cross selling opportunities coming from our existing sales network of specialty chemicals which sells chemicals daily to the same clients regularly buying couplings,” said Frederic Dugré, president and CEO of H2O Innovation.
“Moreover, our engineering experience and capabilities related to membrane systems design will strengthen the product offering and customer support,” added Dugré.
The acquisition is expected to close on or around 5 December 2013.