- WEB EXCLUSIVE
- PE COFFEEHAUS
Siemens Water Technologies, Erlangen, Germany, has expanded its presence in the U.S. water market through the acquisition of four U.S.-based firms: Envirotrol, Clean Environmental Concepts (CEC), Pure Water Solutions and Sunlight Systems. Pennsylvania-based Envirotrol and Washington-based CEC strengthen the company's activated carbon offering in the East and the Pacific Northwest, respectively. The acquisition of Pure Water Solutions, Hubbard, Ore., expand Siemens' range of deionization products and services in the Northwest, while the addition of Sunlight Systems, Allendale, Mich., expands the company's offering of disinfection products and solutions. The four newly acquired companies have combined annual revenues totaling about $25 million. Visit www.siemens.com/water
Synagro Technologies Inc., Houston, and The Carlyle Group, Washington, D.C., have entered into a definitive agreement whereby Carlyle will acquire Synagro in a transaction valued at approximately $772 million, including the purchase of Synagro's stock for $5.76 per share in cash and the assumption of Synagro debt. "This partnership with Carlyle gives Synagro the best opportunity to maintain our role as a necessary service provider, a key employer and a long-time community partner while delivering a highly attractive cash premium to our shareholders," said Robert Boucher, Synagro's president and CEO. Visit www.synagro.com.
Foreign AffairsKenson Associates, West Chester, Pa., announced the receipt of their fourth project in India in the past six years. The energy and environmental consulting firm will prepare a technical training manual in order to upgrade the knowledge of water treatment technology for the employees at an India water treatment chemicals firm. Visit www.kensonassociates.com.
ITT Corp., White Plains, N.Y., has been awarded several contracts in Beijing to construct municipal water supply and drainage systems in preparation for the 2008 Summer Olympics. The city has charged the company with assisting its effort to showcase an environmentally efficient city for the Summer Games. As part of the contracts, ITT will provide pumping solutions for the 2008 Olympic Stadium, known as the Bird's Nest. Visit www.itt.com.
Big Money MovingEnvironmental Quality Management Inc., Cincinnati, has won its re-bid for the EPA Region 10 Emergency and Rapid Response Services (ERRS) prime contract. This five-year contract is potentially valued at $33 million and covers work on emergency response events, installation of drinking water lines for residents with contaminated ground water, cleanup of defunct chemical manufacturing, storage and disposal facilities, and heavy construction projects such as mine reclamation. Visit www.eqm.com
Innov-X Systems Inc., Woburn, Mass., has received a $27 million minority investment from Summit Partners, a Boston-based private equity firm. Recently, Innov-X formed a joint venture and signed an exclusive supply agreement with A.P. Moller-Maersk to outfit the maritime, oil and gas exploration and distribution, and power industries with XRF analyzers and blending systems for optimal use and monitoring of fuels and lubricants. Visit www.innov-xsys.com.
The Water Environment Research Foundation (WERF) is offering $100,000 in research grants to protect groundwater. The foundation has issued a request for proposals for research that would provide biosolids managers, and facility owners and operators with the information needed to protect groundwater resources in the vicinity of biosolids land application sites. Proposals must be received by 5 p.m. (EST), March 12, 2007. WERF hopes the research also will provide a compendium of current best management practices for groundwater protection at land application sites. Visit www.werf.org.
Arcadis, Highlands Ranch, Colo., has chosen Aquaterra to present its recently acquired $150 million project for New Orleans. The company will supply design services, multi-disciplinary advice and construction management for the protection of the New Orleans area against flooding. Arcadis was awarded the original contract by the U.S. Army Corps of Engineers, the American Department of Water Ways and Public Works. Visit www.arcadis-us.com.