Marubeni bolsters global water offering
- From: Vol 12, Issue 3 (March 2011)
- Category: General
- Region: Asia
- Country: Australia and Japan
- Related Companies: Acciona, Aguas Nuevas, Marubeni, Osmoflo and Pridesa
The acquisition of a 40% stake in Osmoflo will add membrane expertise and industrial water references to the Japanese trading house’s water portfolio. It offers some intriguing synergies.
Marubeni’s A$50 million (US$50 million) purchase of a 40% stake in Australia’s Osmoflo not only gives it a third geographical base from which to grow its global water business – it also brings with it valuable membrane engineering expertise.
Ever since Marubeni was pipped to the post by Acciona in the race to acquire Spanish membrane desalter ...
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