2019

Aquarion AG announces a bond issue.

Aquarion Products GmbH, Vienna, a subsidiary of Aquarion AG, Switzerland, will shortly issue a 7.5% bond with a term of 3 years. The bond will be listed on the Vienna Stock Exchange. The total volume is up to 10,000,000 EUR. The funds will be used to finance growth and to launch the ground-breaking Aquacritox technology, a process for the efficient purification of highly contaminated wastewater. In addition, refinancing is carried out from short-term to longer-term financing.

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ZURICH, 09 Juli, 2019 – Aquarion Group, a leading provider of advanced water treatment solutions and technologies for industry, announces new cooperation in Asia.

 

A Singapore Joint Venture by the name of “H+E Darcarion Pte. Ltd.” will hold 100% of H+E Asia (South East Asian entity of Aquarion Group) and will operate with full technical and managerial support of H+E GmbH based in Stuttgart, Germany.

 

Dr. Karl Michael Millauer, Chief Executive Officer of Aquarion AG, said: “This is a significant milestone in Aquarion’s strategy in Asia and I look forward to working with the JV partners who will provide excellent local expertise.”

 

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