CECO Environmental Corp has announced the acquisition of Index Water, expanding its water treatment solutions serving the Middle East region. Terms of the deal were not disclosed.
CECO's specialization in high-efficiency, processing, separation and filtration solutions is further enhanced with the addition of Index Water's intellectual property, technologies, and other assets that support systems including process and potable water treatment, ultrafiltration, desalination and demineralization technologies, in addition to effluent and sewage water treatment including biological and reuse technologies.
Over the last three years, CECO has been aggressively expanding its presence in the produced water, process and potable water, effluent, and wastewater treatment markets. The company has quickly become a significant player in liquid coalescing, de-aeration, ferrate-based advanced oxidation, dissolved gas flotation, reverse osmosis, and several other produced and process water technologies.
The company's most recent acquisition of Index Water's assets adds new customers, intellectual property, and depth to its technology stack. This acquisition follows closely after CECO’s acquisition of GRC, a leading industrial flow control company serving the industrial, potable, and stormwater markets.
"Industrial and infrastructure-related water and wastewater treatment markets will continue to experience a high rate of growth as there will be increased awareness and pressures associated with sustainable water practices and scarcity concerns," said Todd Gleason, CEO of CECO Environmental. "The addition of the Index Water assets to CECO strengthens access to key customers and a variety of important infrastructure projects in the Middle East."
