Hitachi to acquire water facilities engineering company in Singapore

ntttttttttttt

Hitachi Ltd plans to acquire Aqua Works and Engineering Pte Ltd, an engineering company that specialises in water related installations for commercial facilities, public spaces and residential properties in Singapore, through Hitachi Infrastructure Systems (Asia), its regional supervising company for the infrastructure systems business in Southeast Asia.

n

A contract was completed for the purchase of all of Aqua Works’ issued shares. Based on this contract, procedures will move forward for the completion of this acquisition by the end of January.

n

Hitachi said its aim is to strengthen comprehensive proposal capabilities by combining Aqua Works’ water features with Hitachi’s Reverse Osmosis (RO) membrane systems, which are water treatment systems being rolled out as part of Hitachi’s business in this field. Hitachi said it will leverage Aqua Works’ customer base in Southeast Asia to strengthen and expand its water and environmental solutions business.

n

Currently, amid demands for the effective use of limited water resources, RO membrane systems are playing an active role as a core product in water treatment systems that help to secure drinking water through seawater desalination and enable wastewater from consumer and industrial applications to be reused as industrial water. In recent years, in island countries and Middle Eastern regions with minimal water resources, it has become the mainstream to incorporate RO membrane systems into water features that require large volumes of water, such as fountains and pools, and the demand for these systems is expected to increase further in the future.

tttttttntttntttntttttttttttt© JCN Newswirenttttttttt