Metito thinks big as Germans exit China JV
- From: Vol 12, Issue 10 (October 2011)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Berliner Wasserbetriebe, Berlinwasser, Berlinwasser China Holdings and Metito
Metito is looking to turn a share in a Chinese wastewater business into a full-service outfit after buying out partner Berlinwasser. Executive director Rami Ghandour spoke exclusively to GWI.
Dubai-based water specialist Metito is aiming for “aggressive” expansion into all sectors of the Chinese water market after taking full control of the wastewater concessions joint venture it has run with Berlinwasser International since 2008.
Berlinwasser International agreed to sell its 49% in Berlinwasser China Holdings (BCH) for an undisclosed figure in order to focus on its domestic issues and ...
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