METAWATER Co., Ltd. and Aqua-Aerobic Systems, Inc., a U.S. Applied Engineering Company Specializing in Total Water Management Solutions, Announce Completion of Procedures for Merger under METAWATER USA.
January 18, 2016 METAWATER Co., Ltd. (Tokyo, Japan) and Aqua-Aerobic Systems, Inc. (Loves Park, IL USA) formally announced to their employees and shareholders that on January 16(JST) they completed the procedure for a merger announced on October 28, 2015. The merger placed Aqua-Aerobic Systems, Inc., including its subsidiary, Mecana Umwelttechnik (Reichenburg, Switzerland) under METAWATER USA, INC., the company’s U.S. subsidiary with current operations in Rutherford, NJ.
Through this merger, METAWATER USA acquired additional Aqua-Aerobic Systems resources including additional established relationships with sales agents, consulting firms and contractors to support its growth strategy and strengthen its business through expansion into the U.S. and other markets. The collaboration provides Aqua-Aerobic Systems with a larger platform to expand internationally and enables the METAWATER Group and Aqua-Aerobic Systems to gain access to each company’s technologies that will enhance respective product offering portfolios.
Ichiro Fukushima, a director of METAWATER, assumes the post of Director and Chairman of Aqua-Aerobic Systems concurrently. Robert J. Wimmer remains as Director, President and CEO of Aqua-Aerobic Systems.