Newterra buys over Aeration Industries
Newterra, a leader in decentralised and modular water, wastewater, as well as groundwater remediation solutions, recently announced that it has acquired Aeration Industries International, LLC, an internationally recognised leader in wastewater aeration and mixing solutions serving the industrial, municipal, and aquaculture markets. Since 2010, Aeration Industries has been owned by Granite Equity Partners, based in St. Cloud, Minnesota, United States (U.S.), since 2010.
The acquisition will further diversify Newterra’s revenue mix and strengthen its growing industrial footprint, highlighted by expansion into new international markets, increased presence in industrial wastewater treatment, and adding a strong presence in the fast-growing global aquaculture market. Together, the companies have more than 220 highly-trained water professionals with experience operating in more than 110 countries. The combined company will leverage shared resources and work together to offer expanded services and solutions through uniting their manufacturers’ representative network to its growing list of satisfied customers.
“We are thrilled to welcome Aeration Industries to the Newterra family,” Thomas Vossman, president and CEO of Newterra, said. “The combination of these two market-leading companies will expand our access to new markets, offering our valuable customers additional solutions and services while solving some of the world’s greatest water challenges. Both companies have enjoyed growing market success that, together, will make us both stronger. We are excited about the future!”