2018

AQUARION GROUP CONSOLIDATES GLOBAL SOLUTIONS BUSINESS UNDER H + E GROUP

ZURICH, 8 June, 2018 – Aquarion Group, a leading provider of advanced water treatment solutions and technologies for industry, announces that it has integrated all its operating companies under H + E Group. This move enables Aquarion, which recently received funding of more than 15 million Euros from the Sustainable Growth Fund, to strengthen and streamline its EPC business and accelerate its plan to become one of the world’s leading water treatment companies. Aquarion’s other group companies, including MFT GmbH (Membran-Filtrations-Technik), GEMWATER s.r.l. and H2Oil & Gas, will be part of H + E Group. All these companies will be rebranded as H + E. The former H2Oil & Gas will be the leading company of H + E Group’s oil & gas division.

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As well as Strengthen Its Balance Sheet by More than 6 Million Euros Thanks to the Support by Green Growth Fund 1 and Green Shoots

ZURICH, 5 April 2018 – Sustainable Growth Fund (“SGF”), a Convertible Loan Note provider, has signed a deal with Aquarion AG (Aquarion Group) in which Aquarion will get funding of 15 million Euros to accelerate its growth. The funds will be used for project financing and working capital but predominantly to fund acquisitions to increase Aquarion Group’s revenues to more than 100 million Euros and achieve an EBITDA margin of more than 10%.

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IRVINE, United Kingdom, 15 February 2018 – H2Oil & Gas, an Aquarion Group company, has completed a contract to design and supply equipment for a produced water treatment plant in Malaysia. 

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MFT INTRODUCES CONTAINERIZED DESALINATION SYSTEMS POWERED BY RENEWABLE ENERGY

COLOGNE, Germany, 30 January 2018 – Membran-Filtrations-Technik GmbH (MFT), an Aquarion Group company, has introduced containerized desalination systems for producing drinking water from either seawater or brackish water. The MFT RO 100 Desalination System is powered with only wind and solar energy, which is stored in lithium-ion batteries and has a capacity of up to 120 l/h drinking water output. The energy sources are 7,5KWp PV and 350W Wind turbine. The MFT RO 100 Desalination System is ideal for low-power decentralized applications in remote locations where the energy supply is scarce.

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STUTTGART, GERMANY, January 23, 2018 – Hager + Elsässer (H+E), an Aquarion Group company and a leading international supplier of industrial process and wastewater treatment, together with its Russian affiliate OOO H+E Rus, has received an order to modernize a biological wastewater treatment plant for Knauf Petroboard AG in Russia.

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