Wilo Group is expanding in water treatment with the acquisition of the Berlin-based Abionik Group from private equity company BID Equity and other shareholders.
The Abionik Group includes Martin Systems, Likusta Umwelttechnik, and Steinhardt, which specialise in wastewater and exhaust air treatment as well as rainwater treatment and flood control. Abionik employs around 170 people across 11 production and sales sites in Europe and Asia.
Wilo says that by adding Abionik’s products to its existing portfolio, the company will be able to offer customers a significantly broader range of applications in the water management and industry segments.
“With the acquisition of the Abionik Group, we are diversifying our portfolio in the water management segment in a targeted manner and are consistently pursuing our strategic alignment as a solution provider with regard to the treatment of water and sewage,” said Oliver Hermes, president and CEO of the Wilo Group.
Daniel Crawford, CEO of the Abionik Group, said: “All of the products and services at Abionik – from integrated compact wastewater treatment plants to highly efficient filter modules – are designed to sustainably reduce resource and energy consumption, pollutants and other contaminants. In this way, Wilo and Abionik complement each other perfectly as entrepreneurial partners to generate further added value for our customers.”
“Now that we’ve acquired the Abionik Group, we’ve added more strings to our bow with the highly profitable and innovative companies whose products fit well into our existing portfolio,” said Mathias Weyers, member of the Wilo executive board and CFO. “We’re now turning our attention to successfully integrating these into the Wilo Group and are looking forward to working together.”
