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Aquatech's Acquisition of METICHEM: A New Era in Water Treatment Solutions

In a significant development for the water treatment industry, Aquatech has confirmed its plans to acquire Metito Chemical Solutions (known as METICHEM), a leading player in advanced water treatment chemicals based in the United Arab Emirates. This strategic move is poised to create a comprehensive partner for industrial water services, particularly across regions such as the Middle East and Asia.

About METICHEM

METICHEM has established itself as a leader in the water treatment sector, offering a wide range of advanced treatment chemicals and operational maintenance services across industrial, municipal, and institutional markets. With a talented workforce of approximately 700 employees and contracts executed in 46 countries, METICHEM's impressive track record has solidified its reputation as a regional leader in water services.

The company focuses on various sectors, including district cooling, power generation, and food processing, providing solutions that encompass everything from boiler and cooling system treatments to reverse osmosis and wastewater management. Their commitment to superior customer service and innovative solutions has been key to their growth and success in the industry.

Expanding Aquatech’s Capabilities

Aquatech's acquisition of METICHEM is set to enhance its ability to deliver complete water lifecycle solutions to industrial clients globally. By integrating METICHEM's specialty chemical programs and operations maintenance expertise, Aquatech aims to provide more comprehensive and data-driven solutions that can enhance operational uptime and reduce overall water costs for clients.

Devesh Sharma, CEO of Aquatech, emphasized the harmony between both companies' missions, stating, "This acquisition unites two companies that share the same vision to optimize water systems through innovation, safety, and performance excellence." He noted that METICHEM's strong presence in the Middle East and Asia, combined with Aquatech's leading global water technology and digital platforms, will empower clients to achieve greater efficiency, reliability, and sustainability in their operations.

A Strategic Alignment for Future Growth

Andrew Parke, Executive Vice President for Services at Aquatech, remarked on METICHEM's essential role in expanding Aquatech's global capabilities. This merger represents a strategic initiative to combine deep regional expertise with a robust global delivery model, ultimately driving improved performance and long-term value for customers.

The leadership at METICHEM echoed these sentiments, with Mike Abla, Managing Director at METICHEM, expressing enthusiasm about the merger. He highlighted that joining forces with Aquatech would broaden their technical offerings and accelerate their mission of delivering smarter, safer, and more sustainable water solutions.

Significance of the Acquisition

By enhancing their existing operations in the region, which include a long-standing presence in India and the recent acquisition of Singapore-based Century Water, Aquatech is positioning itself as a leading water services partner for industrial users across Asia and the Middle East. This comprehensive strategy is integral in meeting the increasing global demand for efficient water treatment solutions as industries strive to optimize resource use amidst growing environmental concerns.

Conclusion

In conclusion, Aquatech's acquisition of METICHEM marks a pivotal moment in the water treatment landscape, bringing together two industry leaders to form a more formidable entity equipped to address the complex challenges of water scarcity and sustainability. As the company embarks on this new journey, stakeholders eagerly anticipate the innovative solutions that will emerge from this powerful partnership.

For more information about Aquatech and METICHEM, please visit their official websites: Aquatech and METICHEM.