Real Deals
Date of Publication:
31st October 2011
Milan-based Ambienta SGR has invested €16m into water filtration platform Amplio Filtration, a subsidiary of renewable energy investor Amplio Group.
Milan-based Ambienta SGR has invested €16m into water filtration platform Amplio Filtration, a subsidiary of renewable energy investor Amplio Group. The Amplio Filtration platform was created specifically to invest in renewable energy and process water filtration in October 2009. Ambienta's investment will aid the group in delivering its objectives, which includes continuing to expand the business internationally. The group's strategy is to cross-sell technologies and expertise across geographies in order to expand and increase its geographical footprint. The platform kicked off with the acquisition of Nasdaq-listed Basin Water in 2009. Subsequently, Envirogen Technologies was formed. US business Envirogen designs, builds and implements systems for the treatment of contaminated groundwater, industrial process water and air streams from municipal and industrial sources. In July 2010 Amplio bolted on its first acquisition, Puresep, bringing with it a range of water treatment and process filtration technologies. Headquartered in Herefordshire and with a regional office in Lincolnshire, Puresep‟s customers sit within the food and beverage, pharmaceutical, paper and chemical markets. Blue-chip clients include Heineken, Diageo, Britvic, Walkers and Wexport. Shortly after adding Puresep to the Amplio Filtration family, Environmental Water Systems UK (EWS) was acquired in October last year. EWS specialises in manufacturing, servicing and supplying water treatment, water purification and wastewater recovery systems in healthcare and industrial sectors, both public and private. EWS‟s most successful product is the HTM2030 compliant reverse osmosis system, which serves sterile service departments in more than 20 hospitals throughout the UK, generating over half of EWS‟s revenues. Amplio Filtration‟s acquisition pipeline focuses on niche markets, including the decontamination of selenium in wastewater from mining, and the removal of nitrates from groundwater.