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Tuesday, 12 October 2010 00:00

Amplio Filtration expands with Environmental Water Systems (UK) acquisition

The Amplio Group has acquired Environmental Water Systems (UK) as part of a continued expansion of Amplio Filtration, its water filtration subsidiary.

Amplio Group is a leading international operator and investor in the renewable energy and environmental sectors. Environmental Water Systems (UK) Ltd (EWS) is a market leading provider of integrated water treatment and purification and wastewater recovery services to both the public and private sectors in the UK.

The purchase signals the continued expansion of Amplio Filtration, a subsidiary of Amplio Group, marking the company’s third acquisition in the water filtration space in the last 12 months. In July 2010 Amplio Group’s filtration arm, Amplio Filtration, purchased a majority stake in Puresep Holdings, the UK water purification, filtration and separation company.

Prior to this in October 2009 Amplio Filtration acquired Nasdaq-listed Basin Water Inc. (NASDAQ: BWTR) out of Chapter 11 and subsequently formed Envirogen Technologies, Inc. (ETI), the water technology and services solutions provider. In July 2010, ETI secured US$50m equity financing for a pipeline of design, build and operate environmental treatment projects.

EWS will be combined with Puresep Holdings to more than double Amplio Filtration’s share of the UK’s food and beverage, healthcare and industrial filtration water market in the next three years.  This target would result in Amplio Filtration having a 25% share of the UK market.

EWS is based in Cheddar, has 38 employees and a turnover of more than £5m. The company has a 10 year history and experience of specialising in the design, manufacture, service and supply of water treatment, water purification and waste water recovery systems in the healthcare and industrial sectors. The healthcare sector represents more than 50% of EWS’ revenues, with EWS’ innovative, state of the art product portfolio including HTM2030 compliant reverse osmosis systems serving sterile service departments in over 30 hospitals throughout the UK.

Andrea Davi, Head of Amplio Filtration, said:

“We are delighted to announce Amplio Filtration’s third attractive acquisition in the last 12 months. The addition of EWS is particularly exciting as it extends our customer footprint into the non-discretionary sector of water management in hospitals across the UK, providing us with high quality secure income streams.

We are especially excited about the synergies between EWS and Puresep, which are already bearing fruit through cross-selling of the technology and service offer to a broader customer base. Furthermore this acquisition cements and strengthens Amplio Filtration’s footprint in the UK, where we aim to achieve a 25% market share of water management in the food and beverage, healthcare and industrial filtration sectors and we are also now pleased to be on target to expand globally in 2011.”

Riccardo Segat, CEO and Founder, Amplio Group said:

“Amplio Filtration is going from strength to strength and is a growing player in one of the world’s most fragmented water markets.  The cross-selling opportunities between EWS and Puresep in the UK and our US filtration business, ETI, are huge. This acquisition further strengthens and develops Amplio Filtration’s scale, geographic reach, technology offering and customer mix.

At a time of tightening budgets and increasingly stringent environmental regulations, Amplio Filtration is continuing to bring to the market place flexible, efficient and cost effective solutions and we are now in a good position to extend this offer to other global markets in 2011.”

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