METAWATER Acquires All Shares of Rood Wit Blauw Holding B.V. ～Strengthen the business base in Europe and promote international business～
METAWATER Co., Ltd. (President: Yasushi Nakamura; Headquarters: Chiyoda-ku, Tokyo; hereinafter referred to as "METAWATER") acquired all the shares of Rood Wit Blauw Holding B.V. (hereinafter referred to as "RWB"), a water treatment engineering company in the Netherlands, on November 9.
METAWATER acquired 24.7% of RWB's outstanding shares in August 2013, and by acquiring the remaining shares, we will strengthen our business base in Europe and promote the expansion of our international business.
RWB provides various types of water treatment systems throughout Europe, including the Netherlands, Germany, Belgium, Norway, Sweden, the United Kingdom, and Spain. RWB is an engineering company that is particularly well experienced in METAWATER's technologies, having delivered ceramic membrane filtration systems to more than 10 locations.
In Europe, METAWATER has already owned Mecana Umwelttechnik GmbH in Switzerland and FUCHS Enprotec GmbH in Germany, and with the addition of RWB in the Netherlands, we will be able to increase the synergy between the groups by using the resources of each company to strengthen and expand our European business.
Overview of RWB
|Location||Almelo, the Netherlands
(near the German border at the eastern end of the Netherlands)
|Main Business Activities||Engineering, services, etc. related to water and wastewater treatment|
RWB New Structure
|Director and Chairman||
|President and CEO||André Reigersman|
Comments from Ken Akikawa, Director and Chairman
The business alliance with RWB has been going on for more than 12 years. Since the collaboration started, RWB has developed and introduced various water treatment applications utilizing ceramic membranes, which is one of our strategic products. We believe that joining this excellent technology development company in our group will create synergies not only for our European business, but also for our Japanese and other regions around the world.
We are happy and excited to take this next step with RWB.
Comments from André Reigersman, President and CEO
The acquisition by METAWATER gives us a unique opportunity to further increase our contribution to a circular economy and consequently increase our turnover. This is made possible by combining our engineering as well as service capabilities with key products and technologies from METAWATER as well as acquiring the resources to achieve this. As President & CEO, I see it as a challenge to make a greater contribution to sustainability and the circular economy through a joint effort with many new colleagues.