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Evoqua Acquires Majority Investment in Frontier Water
Wednesday 09 October 2019

9 October 2019 - Pittsburgh, US-based Evoqua Water Technologies (NYSE: AQUA) has acquired a majority stake in San Diego, US-based Frontier Water Systems, LLC, a developer of patented, engineered equipment packages for high-rate treatment and removal of selenium, nitrate and other metals from complex waste streams, the company said.
Terms of the transaction were not disclosed.
Evoqua said this investment follows the company's strategy to grow its portfolio of advanced wastewater treatment technologies and commitment to sustainable solutions.
The partnership strengthens Evoqua's capabilities in advanced treatment of complex waste streams
Evoqua Water Technologies provides water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water.
Date Published: 09/10/2019
Target: Frontier Water Systems/majority stake
Country: USA
Sector: Utilities
Type: Corporate acquisition
Status: Closed
Buyer: Evoqua Water Technologies
Terms of the deal were not disclosed