Ownership of Enaqua is moved to the company’s management team.
Grundfos and Enaqua management announced the parties have signed an agreement for the latter to purchase all the shares of Enaqua. The acquisition represents an opportunity for Enaqua management to leverage the company’s expertise to strengthen its technology portfolio focused on UV water treatment.
Describing the acquisition as an “exciting step” in the company’s journey, Mark Wilke, co-CEO of Enaqua, said it will allow the company to continue offer its customers the best available technology for their water treatment applications. Enaque will also continue to further strengthening its product portfolio and services.
Enaqua holds experience in UV water treatment for municipal wastewater disinfection and process water treatment, including food and aquaculture as well as re-use applications.
Tommy Due Høy, group vice-president at Grundfos, added: “Enaqua has a track record in their niche focus market of UV water treatment solutions, and we believe that Enaqua will be able to better fulfil its potential under a different ownership. We are pleased to have a buyer who will be able to nurture, strengthen and develop Enaqua.”