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Global wastewater player acquires Aussie company

Eimco Water Technologies Limited (EWT), is expanding its Australian business through its acquisition of AJM Environmental Services Pty Ltd.

AJM is one of Australia’s leading providers of wastewater/water re-use technology for the food and beverage market. It also specialises in the design, manufacture and construction of industrial, energy, oil industry and infrastructure plants for wastewater treatment, potable water treatment and sludge dewatering.

The acquisition of AJM, which has sales exceeding $20 million a year, was announced by AJM Director Adrian Minshull and EWT’s Vice President Mr Michael Froud, whose company is a subsidiary of GLV Inc based in Montreal, Canada, with 1,800 employees globally and a presence in 40 countries on six continents including Australia.

Mr Froud said the acquisition of AJM would form a foundation stone of EWT’s strong push into the industrial wastewater and water re-use sectors within the region -“With more than 40 highly experienced staff and an expanding network of subsidiary companies and representation throughout South East Asia, the Middle East and beyond, AJM already provides comprehensive sales and service support from offices conveniently located in all major cities in Australia and New Zealand,” he said.

“AJM’s expertise and specialties are an outstanding fit with GLV’s Water Treatment Group (Eimco Water Technologies), which, since being set up in 2004, has achieved revenues of more than $A250m million a year. The group is experiencing robust growth driven by organic growth and acquisitions such as this latest excellent organisation,” he added.

The acquisition means the integration of new-generation technologies. For instance, AJM is currently implementing a 4ML/day integrated water re-use system for a large food processing company in Australia, that will allow it to re-use more than 70% of its wastewater while achieving a level a purity superior to that of drinking water.

For further information, contact (02) 9482 6500, michael.fround@glv.com

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