EUROPE WATER NEWS BRIEF
- From: Vol 11, Issue 7 (July 2010)
- Category: Brief
- Region: Europe
- Country: Italy and United Kingdom
- Related Companies: Biwater, Culligan, EBRD and South West Water
Amplio Filtration – the company which acquired Basin Water out of Chapter 11 last year – has made its first European acquisition, taking a majority stake in Puresep Holdings of the UK.
Puresep, a systems integrator in the field of industrial filtration, generated an EBITDA margin of around 10% last year on revenues of £3.7 million. Separately, Envirogen Technologies (formerly Basin Water) has secured $50 million in equity funding from an international provider of alternative investment solutions.
* The EBRD is considering providing a loan of up to RUB2 billion (€47.6 ...
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