Tag Archives: Water management

Audax Private Equity Announces Sale of Liquid Environmental Solutions

Audax Group

BOSTON & SAN FRANCISCO — Audax Private Equity (“Audax”), a capital partner for middle and lower middle market companies, announced today it has agreed to the sale of Liquid Environmental Solutions (“LES” or “the company”), a national service provider within the circular economy, managing non-hazardous liquid waste for its blue-chip customer base. Goldman Sachs Alternatives is acquiring the company. Terms of the transaction are not disclosed.

LES, based in Irving Texas and founded in 2002, collects, treats, and beneficially recovers materials from a variety of liquid waste sources, including grease traps, oil water separators, used cooking oil and other non-hazardous liquid waste for the restaurant, grocery chain, hospitality, education, and environmental services sectors.

Audax acquired the company in the fourth quarter of 2017, and since then has executed its Buy & Build strategy, nearly doubling the company’s footprint. LES, today, operates over 90 locations across 50 states. In addition to investments in the team and operational infrastructure, LES executed 13 acquisitions that helped to drive both geographic growth as well as entry into adjacent services, which together helped to reinforce the company’s value proposition among national chains and local customers.

“Audax has been a terrific partner throughout their investment in LES, and brought both a vision and strategic resources to bear that supported our go-to-market strategy and helped us serve our customers across the country,” noted Jerry Sheridan, CEO of Liquid Environmental Solutions.

“We want to thank Jerry and the entire LES team,” added Joe Rogers, a Partner at Audax Private Equity. “Through managing the entire liquid-waste lifecycle, LES provides an essential service to its clients, while supporting sustainability programs that protect critical infrastructure and help to divert liquid waste from landfills. We believe Goldman Sachs Alternatives represents an ideal partner and fit for LES, as the company pursues its next stage of growth.”

The exit for Audax represents the firm’s ninth realization that has either closed or been announced since June of last year. It is also the third exit out of the firm’s Industrial Services & Technologies specialization over that time, following the sales of EIS last November and Thermogenics in June, the latter of which represented the first realization out of Audax Private Equity’s lower middle market Origins Fund.

The closing of the transaction is subject to the satisfaction of customary closing conditions.

Houlihan Lokey served as lead financial advisor to LES and Audax Private Equity, with Baird serving as co-advisor and Ropes & Gray and Frederikson & Byron acting as legal counsels. Stifel served as financial advisor and Simpson Thacher & Bartlett served as legal counsel for Goldman Sachs Alternatives.

About

ABOUT AUDAX PRIVATE EQUITY:

Headquartered in Boston, with offices in San Francisco, New York, London and Hong Kong, Audax Private Equity manages three strategies: its Flagship and Origins private equity strategies, seeking control buyouts in the core middle and lower middle markets, respectively, and its Strategic Capital strategy that provides customized equity solutions to PE-backed portfolio companies to help drive continued growth. With approximately $19 billion of assets under management as of March 2025, over 290 team members, and 100-plus investment professionals, Audax has invested in 175 platforms and over 1,400 add-on acquisitions since its founding in 1999. Through our disciplined Buy & Build approach, across six core industry verticals, Audax seeks to help portfolio companies execute organic and inorganic growth initiatives with the aim of fueling revenue expansion, optimizing operations, and significantly increasing equity value. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.

ABOUT LIQUID ENVIRONMENTAL SOLUTIONS:

Liquid Environmental Solutions, founded in 2002, provides a full range of turnkey solutions for the collection, transportation, processing, recycling, reclamation and disposal of non-hazardous liquid wastes. The company serves restaurants, grocery and convenience stores, automotive and equipment maintenance sectors and companies that place a priority on sustainability, service and recycling. To learn more, visit www.liquidenviro.com

Categories: News

Tags:

Solenis, NCH Corporation Announce Merger Which Aims to Create More Diversified, Customer-Centric Provider of Water, Hygiene Solutions

Platinum

The combined company will unite complementary business models to further solidify Solenis’ position as a global leader for water and hygiene solutions.  

WILMINGTON, Del. (USA) — Solenis and NCH Corporation (NCH) today announced they have entered into a definitive agreement to merge the NCH business with Solenis. Under the terms of the agreement, Solenis will acquire 100% of NCH stock, creating a more diversified, customer-centric provider of water and hygiene solutions. The Levy Family, owners of NCH since its founding in 1919, will become the largest minority shareholder in Solenis. Finance terms were not disclosed.

The transaction is expected to close by the end of 2025 following regulatory approvals and other customary conditions. Solenis and NCH will continue to operate strictly as independent companies until the transaction is complete.

“We believe this is a transformational opportunity to help Solenis further diversify its business and increase its exposure to the attractive middle-market light water segment.”

Jacob Kotzubei, Co-President and Nathan Eldridge, Managing Director, Platinum Equity

Headquartered in Wilmington, Delaware, Solenis is a leading global provider of water and hygiene solutions. The company was acquired by Platinum Equity in 2021. NCH is the quality leader and trusted on-site expert in middle-market water treatment and industrial solutions.

“The merger presents a unique opportunity to unite our complementary businesses. By leveraging Solenis’ global reach and NCH’s established presence in the middle market, we can enhance the customer experience through Solenis’ 360 approach. Joining forces creates a more diversified business with increased scale, an expanded global footprint, and superior customer service capabilities. Together, the newly combined company will provide attractive cross-selling opportunities, including meeting the increasing customer demand for sustainable and digital solutions,” said John Panichella, Chief Executive Officer, Solenis.

In a statement, the Levy family expressed their commitment to the company’s future: “Our grandfather started NCH over a century ago to provide customers with the highest quality solutions, served by the best trained professionals. Since then, our family and associates have diligently pursued that vision and merging with Solenis is the best way to take a great business and make it even better. We are committed to our associates and customers and know they will continue to thrive with Solenis.”

“Solenis and NCH will be better together,” said Chris Wright, President, NCH Global Chemical. “Joining forces will amplify opportunities for our associates around the world. We’re excited to merge with a truly great company, which allows us to better serve our customers through a broader product and service offering.”

“We believe this is a transformational opportunity to help Solenis further diversify its business and increase its exposure to the attractive middle-market light water segment,” said Platinum Equity Co-President Jacob Kotzubei and Platinum Equity Managing Director Nathan Eldridge in a joint statement. “We have great respect for the Levy family and everything they have built over the years, and we are excited to be their partners.”

About Solenis

As a global leader in water and hygiene solutions, Solenis partners with customers to deliver sustainable innovations that support a safer, healthier planet. The company’s portfolio spans water treatment chemistries, process aids, functional additives, cleaners, disinfectants, state-of-the-art monitoring and control systems, and pool care solutions as well as digital technologies. Customers use these solutions to reduce environmental impact, boost operational efficiency, advance sustainable materials management, support infection prevention and hygiene, and enhance food and beverage safety. Headquartered in Wilmington, Delaware, the company has 70 manufacturing facilities strategically located around the globe and employs a team of over 16,500 professionals in 160 countries across six continents. Solenis is a 2025 Best Managed Company Gold Standard honoree. For additional information about Solenis, please visit www.solenis.com or follow us on social media.

About NCH

Since its founding in 1919, NCH has provided customers with quality-leading and consultative solutions, based on world-class products and superior service. Headquartered in Irving, Texas, the company’s 6,000 associates provide water treatment and industrial solutions to customers through 24 manufacturing plants and 76 distribution centers, across 48 countries.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 30 years Platinum Equity has completed more than 500 acquisitions.

Categories: News

Tags:

CVC DIF acquires a portfolio of US regulated water and wastewater utilities

CVC Capital Partners
  • CVC DIF creates a leading mid-market regulated water and wastewater utility platform in the US Southwest
  • The transaction includes 18 water and wastewater utilities from JW Water and Robson Communities, serving over 50,000 customers

CVC DIF, the infrastructure strategy of leading global private markets manager CVC, is pleased to announce that it has acquired, through two transactions, 18 water and wastewater utilities serving over 50,000 customers in Arizona.

CVC DIF has acquired JW Water Holdings (JW Water), a regulated water and wastewater utility platform serving approximately 9,000 customers across ten utilities in Arizona. Concurrent with the acquisition of JW Water, CVC DIF also acquired a portfolio of eight regulated water and wastewater utilities, which were originally developed or purchased by real estate developer Ed Robson (Robson). The eight utilities, now serving over 41,000 customers in Robson’s master-planned communities in Arizona, trace their roots back to Pima Utility, founded in 1972. The investments in JW Water and the Robson utilities were made through DIF Infrastructure VII.

Established in 2013, JW Water has a demonstrated track record of acquiring and making necessary investments to improve the operations and reliability of small and medium-sized water and wastewater utilities in Arizona.

With the addition of the Robson utilities, JW Water will become a leading mid-market regulated water and wastewater utility platform serving over 50,000 customers. Going forward, JW Water is well positioned to invest in essential infrastructure needed to provide safe and reliable drinking water and wastewater utility service to its customers.

“The acquisition of JW Water, together with the acquisition of the eight Robson utilities, represents a significant investment in infrastructure that is critical to the health and well-being of the communities they serve. We are committed to making the necessary investments to ensure the utilities continue to provide safe and dependable service to customers,” said Gijs Voskuyl, Managing Partner at CVC DIF. “We also believe this investment is emblematic of CVC DIF’s focus on high quality infrastructure assets that provide stable long-term cash flows with the opportunity for additional growth and long-term value creation.”

“We are excited by the investment and long-term benefits the acquisition by CVC DIF will bring to the customers and communities served by the 18 utilities JW Water will now manage,” said Jason Williamson, CEO of JW Water, and industry veteran in the regulated water and wastewater sector in Arizona. “We are immensely proud of what we have accomplished to date, serving the communities in which we operate, and look forward to the next stage of investment, growth and stewardship supported by CVC DIF.”

Categories: News

Tags:

Carlyle provides financing for the acquisition of Lanes Group by Global Infrastructure Partners (GIP), a part of BlackRock

Carlyle

Carlyle acts as sole lender to provide £205m of acquisition financing to support a leading UK wastewater infrastructure services provider

London, UK – 31 October 2024 – Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has provided a financing package of £205m to support the acquisition of Lanes Group, one of the UK’s leading providers of water and wastewater services, by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock. 

With over 4,000 employees, Lanes Group has grown significantly under private ownership since its inception over 30 years ago. The company is widely recognised as a high quality, market leader in the UK wastewater infrastructure sector, combining strong local presence, a commitment to innovation, and exceptional client delivery in its critical support to water utilities and private sector businesses across the UK.  

This transaction will support Lanes Group to accelerate its growth plans, including expanding its service offerings, strengthening its long-standing customer relationships and continuing to invest in new technologies. 

Carlyle’s Global Credit platform manages $190 billion in assets under management, as of June 30, 2024. It regularly pursues investments in privately negotiated debt and capital solutions partnering with high-quality sponsors and leading family or entrepreneur-owned companies. 

+++

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $435 billion of assets under management as of June 30, 2024, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 29 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Contact: 

Carlyle

Andrew Kenny

andrew.kenny@carlyle.com

+44 7816 176120

Categories: News

Tags:

Gryphon Investors Closes Continuation Vehicle for Vessco Water

CVC Capital Partners

Gryphon Investors (“Gryphon”), a leading middle-market private equity firm based in San Francisco, announced today that it has closed a single-asset continuation vehicle (“CV”) for Vessco Water (“Vessco” or “the Company”), a market-leading distribution and services platform in the water and wastewater treatment market. Apollo S3, CVC Secondary Partners, and Lexington Partners L.P. acted as lead investors in the transaction, with the Company’s management remaining large shareholders in the Company.

Gryphon’s Flagship Fund VI, a $2.7 billion fund, acquired Vessco, in partnership with the Company’s management team, in November 2020. During Gryphon’s nearly four years of ownership, Vessco has transformed its business, growing fivefold by expanding its product base and service capabilities to support its customers and expanding its footprint, while investing in the corporate infrastructure needed to support its local operations.

Gryphon Co-CEOs David Andrews and Nick Orum said, “We are excited to complete Gryphon’s first continuation vehicle with Vessco, which has substantial runway to continue scaling rapidly in a fragmented industry. This transaction delivered liquidity to Gryphon VI limited partners and provided them with an option to retain their interests in Vessco through the Company’s next phase of growth and value creation. The CV also provided new committed capital for growth and investment and will allow us to continue our support of Vessco, its management team, and its employees.”

Based in Minneapolis, Minnesota, Vessco is a high value-added distributor in the water and wastewater treatment equipment, and services market. The Company serves critical customer needs through a comprehensive suite of products, solutions and services across major market segments, including process equipment, flow control, pump and pump repair, industrial processes, and automation & controls. Its end-to-end solutions encompass design, engineering support, repair and reconstruction, and aftermarket parts and services.

“Our partnership with the Gryphon team has yielded substantial results,” said Vessco CEO Brian DeWolf. “With their operational and financial resources, we have advanced our mission to transform the water treatment industry by building strength and stability through a family of companies that provides exceptional products and services to our customers and an unwavering commitment to our manufacturers, employees, and the environment. We look forward to continued success together as we make progress toward our vision of becoming the biggest and best value-added water treatment equipment distributor in our industry, operating in all 50 states.”

Leigh Abramson and Scott Hearn, Partners and Co-Heads of the Industrial Growth Group at Gryphon, added, “Gryphon’s long experience with infrastructure and utility products and value-added distribution businesses allowed us to build a playbook to support Vessco’s growth. In partnership with a talented management team, we invested deeply in the corporate infrastructure that prioritizes collaboration throughout Vessco’s family of businesses, driving value for suppliers and customers. We expect to see continued value-creation from Vessco’s comprehensive solutions combining multiple product lines and services across geographies we serve, and increased demand for water treatment from population growth, higher water quality standards and the need to replace aging infrastructure.”

Jefferies and William Blair served as financial advisors and Kirkland & Ellis LLP served as legal advisor to Gryphon on the transaction. Vessco management was represented by attorney Peter W. Klein, P.A., of Boca Raton, FL. Akin served as legal counsel to CVC Secondary Partners and Apollo S3. Proskauer Rose served as legal counsel to Lexington Partners.

Categories: News

Tags:

Levine Leichtman Capital Partners Acquires USA Water

Levine Leichtman

Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm, announced today that it has acquired USA Water (the “Company”) from Warren Equity Partners in partnership with management. Financial terms of the transaction were not disclosed.

Headquartered in Rosenberg, Texas, USA Water is a leading provider of operations and maintenance (“O&M”) services for water and wastewater systems across the Southeast United States. The Company’s non-discretionary services enable municipalities and utility districts to entrust their water infrastructure maintenance, asset management, and regulatory compliance needs to a professional partner of scale. USA Water’s industry-leading technical expertise and comprehensive service offering play a critical role in ensuring the integrity, safety, and reliability of clean, high-quality water access.

“We are delighted to partner with USA Water, one of the leading O&M providers of water infrastructure services,” said Matthew Rich, Partner at LLCP. “USA Water has built a stellar reputation due to its ‘customer first’ culture and best-in-class service capabilities, which have driven an incredibly loyal client base and a long-term track record of consistent growth. We are excited to work with Jeff and the USA Water team to broaden the Company’s service capabilities and geographic footprint through both organic initiatives and strategic acquisitions.”

USA Water will continue to be led by CEO Jeff Haley and the existing executive team, who will maintain significant equity ownership in the Company alongside LLCP.

“I am thrilled that USA Water is joining forces with LLCP as we embark on our next chapter of growth,” said Mr. Haley. “LLCP has an established track record as an excellent partner to management teams, and we are eager to leverage their deep industry knowledge and operational expertise in order to deliver more value to our customers through our essential services.”

Across its funds, LLCP has invested extensively in the technical and route-based services sectors, including Encore Fire Protection, Technical Safety Services, Trinity Consultants, In-Place Machining, and Select Exterminating.

LLCP was advised by Kirkland & Ellis LLP. USA Water was advised by Harris Williams and Holland & Knight LLP.

Categories: News

Tags:

Gimv has entered into exclusive negotiations with Crédit Mutuel Equity to sell its majority stake in Groupe Claire, a specialist in water network equipment and performance solutions.

GIMV

Topic: Divestment

After guiding the company for more than four years, marked by dynamic organic and external growth, Gimv will sell its majority stake in Groupe Claire to Crédit Mutuel Equity, alongside the management team, in order to further support the development strategy led by its Chairman Damien Verhée.

Groupe Claire is a historical leader in solutions for equipping and improving the performance of water networks, with a presence in France and Germany. Created in 2011 around the Sainte-Lizaigne brand, the group has developed and acquired complementary expertise and today brings together six recognized brands, meeting all the critical needs of water market players. By 2023, it is expected to achieve sales in excess of €80 million, and employs nearly 250 people at 6 sites, including 5 in France and one in Germany.

Since its investment at the end of 2018 as a majority shareholder, Gimv has supported Damien Verhée in further structuring the group, through key recruitments or internal reorganizations, enabling the development of synergies between the group’s entities and accelerating organic growth. The company has also invested significantly in improving and automating its industrial tools and operations, in parallel with an ambitious R&D policy. Two strategic acquisitions were made to round out the group’s offering and skills, and to structure a Smart Products division reaching critical mass. Another acquisition is currently being finalized and should be integrated into the group shortly.

With a presence in 40 countries and 9 areas of expertise, the group aims to be the benchmark partner for private and public water network operators (public utilities and water companies), offering a wide range of products (connections, metering environments) for their network construction and renovation projects, and connected solutions to improve network management and leak detection. In a context of water scarcity linked to climate change, and characterized by peaks of drought, the company activates the synergies necessary to the success of its mission, in the service of the common good and future generations: to promote access to water for all, today and tomorrow.

Under the leadership of Damien Verhée, Groupe Claire aims to pursue its growth in high-performance equipment and network performance improvement solutions, and continue its international expansion.

“I’m proud of the progress made by Groupe Claire with Gimv’s active and virtuous support. This fruitful collaboration has enabled the group to change dimensions, both in terms of organization and pace of development. Together, we were able to accelerate growth in traditional products and reinforce our strategic shift into connected products, even exceeding the objectives we had initially set ourselves with the Gimv team. With the support of a new reference shareholder, Crédit Mutuel Equity, we have acquired additional financial resources to continue supporting our customers and partners in preserving water resources“, explains Damien Verhée, Chairman of Groupe Claire.

“We are delighted to have supported Damien Verhée and his team with an ambitious strategy that has enabled Groupe Claire to further structure itself and almost double in size in just over 4 years. From the outset, we focused together with Damien on strengthening the management teams and changing the organization to develop synergies. With two strategic acquisitions, and a third in the process of being finalized, as well as major investments in R&D, Groupe Claire has been able to develop its range of innovative solutions and structure a connected products division, thus becoming a major player in water network optimization, and one of the few groups capable of offering complete solutions to its customers. These transformations defined at the time of our entry are perfectly in line with the growth projects we wish to develop within our Sustainable Cities investment platform“, concludes Nicolas de Saint Laon, Head of Gimv France.

Completion of the transaction remains subject to the recommendation of Groupe Claire’s employee representative bodies, as well as the authorization of the French Competition Authority (Autorité de la concurrence).

The financial impact of this transaction was already included in the Trading Update of September 5th. Over the entire investment period of this transaction, Gimv realizes a return in excess of the long-term portfolio return target. No further financial details will be disclosed.

 

Read the full document

Gimv

Karel Oomsstraat 37, 2018 Antwerpen, Belgium

www.gimv.com

Categories: News

Tags:

Latour invests in Quandify

Latour logo

Investment AB Latour (publ) has, through its wholly-owned subsidiary Latour Future Solutions AB, signed an agreement to invest in Quandify AB (”Quandify”).

Quandify offers intelligent water measurement systems for commercial and private buildings, enabling cost efficient analysis of water consumption, leakage detection, and remote shut off capability. The company’s cloud-based platform uses data analysis combined with a portfolio of patented sensors and a user-friendly app. The business was founded in 2017 and is headquartered in Stockholm with 20 employees.

“One of our investment areas is sustainable water usage. Quandify offers the same possibility to analyze and reduce water consumption in a building as comparable systems already in use for electricity consumption”, says Pelle Mattisson, CEO Latour Future Solutions AB.

”Our system can reduce water consumption by up to 40 per cent and consequently reduce energy consumption by 8 – 16 per cent. This enables more informed water consumption in society. With Latour as long-term partner, we can continue driving this development both internationally and within new customer segments”, says Ramtin Massoumzadeh, CEO and one of three co-founders of Quandify.

The investment will be made via a directed share issue in Quandify AB, where Latour Future Solutions AB enters as a minority owner of approximately 22 per cent of the company.

Gothenburg, 13 July 2023

INVESTMENT AB LATOUR (PUBL)
Johan Hjertonsson, CEO

For further information, please contact:
Pelle Mattisson, CEO, Latour Future Solutions AB, +46 705 80 06 57
Niclas Nylund, Investment Director, Investment AB Latour, +46 708 17 35 85

Latour Future Solutions is an investment area within Latour that targets sustainability-focused growth companies. The ambition is that the investments should contribute to increasing the pace of the transformation to a sustainable society based on all dimensions; environmental, social and economic.

Investment AB Latour is a mixed investment company consisting primarily of a wholly-owned industrial operations and an investment portfolio of listing holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of about SEK 74 billion. The wholly-owned industrial operations has an annual turnover of SEK 24 billion.

Downloads

Categories: News

Tags:

Baird Capital Portfolio Company ‘UGSI’ Rebrands as ‘cleanwater1’

Baird Capital

‘UGSI’ Rebrands as ‘cleanwater1’

UGSI Solutions, Inc. (“UGSI”), one of the leading providers of water quality and chemical feed solutions to the municipal water,  wastewater utility, and industrial markets, announced its formal rebranding to cleanwater1, inc.The new name does not impact or change any product and service offerings; rather, the name change reflects the company’s well-established mission to be the optimal partner to utilities and industrial customers facing ever-evolving and demanding water quality goals. To achieve this objective, cleanwater1 will continue to acquire, develop, and optimize solutions that improve water quality.

“We have built a great company by combining proven brands with science, monitoring, and controls, to solve today’s utility operating challenges,” said David Stanton, President and CEO of cleanwater1. “Our new name and website are designed to make it easier for our customers to find us and learn how we can help.”

Read the full announcement here, or watch a video message from CEO, David Stanton.

Categories: News

Tags:

Retein closes SEK 11 million financing round to enable efficient recovery of clean water

Industriefonden

The Swedish company Retein that has developed a patented technology for water separation today announced the successful closing of their latest financing round. The company is being backed by Industrifonden, Butterfly Ventures, Navigare Ventures, and existing owner Chalmers Ventures. The new financing will bring their technology one step closer to industry and people in need.

Retein, until recently named Aquammodate, was founded in 2019 and has developed a patented technology for energy-efficient and high purity water separation. The technology has the potential to reduce the cost for recovering clean water and have lower impact on the environment than traditional methods. The new investment will be used to increase the production of stabilized aquaporins and finalize the development of a filtration module with embedded aquaporins.

Simon Isaksson, co-founder and CEO at Retein, said: “We are excited to welcome Industrifonden, Butterfly Ventures, and Navigare Ventures on board our journey towards enabling sustainable reuse of resources such as clean water. Their extensive experience in scaling and advancing deep tech solutions adds additional strength on our path to realize the transformational potential of our solution”.

The patented molecular separation technology was initially developed over the course of Simon Isaksson’s PhD project under the supervision of Retein co-founder professor Martin Andersson, at Chalmers University of Technology. The foundation of the technology is a biomimetic approach to water separation, as the company has taken inspiration by how aquaporins function in diatoms. The proprietary silica stabilization allows the aquaporins to be used as an additive to various kinds of filters on a wide range of scales.

Iliam Barkino, Principal at Industrifonden, said: “We’re proud to back the team at Retein and their unique technology based on impressive science from Chalmers University of Technology. They are truly unique in the way they have been able to stabilize aquaporins in a similar way that algae do, and we believe in the team that has a mix of highly qualified technological expertise and entrepreneurial experience.”

Learn more at retein.tech ↗

Categories: News

Tags: