Enaqua, a UV disinfection system supplier in Calif., has recently signed an agreement where its management team will buy 100 percent of the company’s shares from Grundfos.
“This acquisition is an exciting step in our journey,” said Mark Wilke, Co-CEO, of Enaqua. “We look forward to further strengthening our product portfolio and services, with all our customers in mind,” Wilke continues.
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. Enaqua management recently announced the signed agreement with Grundfos; the transaction is expected to close within a short time.
“We have great respect for the Enaqua team, which has been doing a great job within their market,” said Grundfos Group Vice President, Tommy Due Høy. “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.”
Until and after transaction closing, Enaqua will continue to maintain normal operations towards customers and suppliers.
