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| Monday, 30 September 2013, 21:00 HKT/SGT | |
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Source: Grundfos | |
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| Francesco Maia, co-founder of ISIA and Allan Skovgaard, Business Development Director, Grundfos |
Denmark, Sept 30, 2013 - (ACN Newswire) - Danish based pump giant, Grundfos, acquires Italian company ISIA, who is a leading expert in chlorine dioxide disinfection equipment and technology in water supply, waste water and industrial applications.
Disinfection is a business where Grundfos has been present for years. As an element in strengthening this position, ISIA and Grundfos has been partners for some time - and now this ends up with Grundfos acquiring ISIA. ISIA will continue to serve their present markets - mainly Middle East - and provide support and solutions in markets served by Grundfos.
Group Executive Vice President Peter Ropke, who is responsible for product and technology development in the Grundfos Group sees a huge potential in ISIA: "ISIA is a technology-leader in their business. ISIA has the ability to innovate interesting and efficient solutions within the use of chlorine dioxide to disinfect and clean water. I am happy to welcome ISIA's technologies, market position, competences and skilled staff as a part of the Grundfos Group and our portfolio. I am absolutely sure that our joint efforts will provide groundbreaking technology and solutions."
Francesco Maia, co-founder of ISIA, sees great potential by becoming a part of Grundfos: "Our ideas and solutions can be spread out on even more markets and be integrated in bigger systems and applications across the globe. I am proud that Grundfos sees the potential and quality in our work and will enjoy being a part of it in the future."
The two main characteristics of ISIA are a skilled experience in industrial plant process control and automation and a chlorine dioxide powerful technology for water treatment. Since 2000 ISIA has perfected a rich experience in design, realization, start-up and field assistance of industrial plants process control and automation.
At the same time ISIA has developed a multi-purpose water treatment technology based on the feature of the chlorine dioxide as oxidant and biofouling controller. ISIA water treatment package, designed on the customer needs, spaces from the Industrial water services (i.e. Cooling water, Raw water) to the Civil water services (Potable water).
Further information:
Grundfos: Kim Nohr Skibsted, Group Vice President (communications), +45 30 52 50 20
ISIA s.P.a.: Francesco Maia, Co-founder, phone +39 0415381800
FACTS:
ISIA is a long experienced company specialized in water treatment solutions and automation. These industrial sectors require constantly new applications and solutions to improve their productivity, competitiveness and profitability.
ISIA s.P.a was founded in 1999 and is based in Venice, Italy, and has an operating office in Dubai, UAE.
www.isiasistemi.it
Grundfos is a global leader in advanced pump solutions and a trendsetter in water technology. Grundfos contribute to global sustainability by pioneering technologies that improve quality of life for people and care for the planet.
Grundfos was founded in 1945 and has 19,000 employees and a turnover of over 3 billion euro and is represented by more than 80 companies in 60 countries.
www.grundfos.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Grundfos via Thomson Reuters ONE
Topic: Merger & Acquisition
Source: Grundfos
Sectors: Water
https://www.acnnewswire.com
From the Asia Corporate News Network
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