#Canada #Montreal #Ecolab #SKion Water #Ovivo Water

Ovivo Completes Sale of Electronics Division to Ecolab

In a significant development, Ovivo Water Inc., a renowned global supplier of water and wastewater treatment technologies, has successfully concluded the sale of its electronics division to Ecolab, a leader in sustainability solutions for water and hygiene. This transaction, valued at approximately 2.4 billion Canadian dollars, heralds a transformative phase for both Ovivo and Ecolab, each poised to leverage this strategic move for future innovations and breakthroughs in water treatment.

A Milestone for Ovivo

This sale is not just a business transaction; it represents a pivotal milestone in the trajectory of Ovivo. With a foundational focus on enhancing its operational efficiency, Ovivo aims to concentrate on three core areas post-sale: Municipal/Industrial/PFAS, Energy, and Cembrane SiC membranes. This strategic refocusing is designed to bolster Ovivo's competitive edge in the marketplace while maximizing the potential within the global platform of Ecolab.

Marc Barbeau, the President and CEO of Ovivo, expressed gratitude towards the employees of the electronics division for their invaluable contributions over the past decade. Barbeau stated, “Through teamwork and innovation, they have established world-class expertise that has positioned the division as one of the recognized leaders in high-purity water and wastewater systems in the global electronics industry. I am confident they will thrive and achieve new heights as part of Ecolab.” This sentiment underscores the appreciation of talent and the belief in the continued success of the team.

SKion Water’s Strategic Vision

Reinhard Hübner, CEO of SKion Water, emphasized the importance of Ovivo within their growth strategy. Following the sale, SKion’s focus will be on both organic and inorganic growth, emphasizing accelerated development in the Municipal, Energy, and Cembrane sectors. Furthermore, Hübner plans to expand Ovivo’s industrial presence in North America through strategic acquisitions in key sectors, ensuring that they capitalize on market opportunities.

This commitment to growth is paired with a vision of enhanced collaboration within the SKion Water portfolio, aiming to integrate corporate functions and harness internal expertise effectively. Hübner also expressed gratitude to the electronics division staff, recognizing their dedication and contributions toward achieving this notable success over the years.

About Ovivo and SKion Water

Ovivo stands as an authoritative player in the realm of water treatment and wastewater management, offering innovative solutions tailored to meet the most stringent industry standards. With over 150 years of experience, Ovivo leverages its patented technologies and extensive industry expertise to deliver efficient, cost-effective, and environmentally responsible water treatment solutions.

As part of the SKion Water family, Ovivo aims to synergize with a globally recognized technology provider specializing in municipal and industrial water and wastewater solutions. The synergy between these two entities is expected to enhance innovation, promote sustainable practices, and lead to valuable contributions to the water treatment landscape.

As Ovivo embarks on this new chapter, it pledges to uphold its commitment to excellence, innovation, and sustainability in the water industry, ensuring that it remains a key contributor to global water solutions.

For more details, visit Ovivo's official website. Follow them on LinkedIn and Facebook for updates.