DESOTEC enters into definitive agreement to acquire US-based Evoqua’s Carbon Reactivation & Exchange services business
02/15/2023
DESOTEC, Europe’s leading provider of mobile filtration solutions, today announced it has acquired the activated carbon reactivation and exchange business of US-based Evoqua Water Technologies.
Since its inception in 1990, DESOTEC has pioneered the market for mobile filters, achieving exponential growth across its five key application fields of air emissions, biogas, chemicals, remediation, and wastewater. Headquartered in Roeselare, Belgium, DESOTEC today employs approximately 250 people across Europe and has continued to expand into new markets throughout the last decade. The Company’s broad range of solutions enables its customers to comply with environmental regulations and sustainability requirements through its unique and innovative closed-loop, “Filtration-as-a-Service” rental solution.
Evoqua Water Technologies is a leading provider of mission-critical water and wastewater treatment solutions. The acquisition includes Evoqua’s product line's workforce, reactivation facilities and associated equipment in Darlington, Pennsylvania, and Parker, Arizona, and the reactivation and carbon vessel manufacturing facility in Red Bluff, California.
The Evoqua transaction represents DESOTEC’s first investment into the US market and will allow DESOTEC to provide solutions for the growing filtration demands in North America by leveraging its expertise in Europe. The acquired business’ multi-state presence, extensive industrial reactivation capacity and in-house manufacturing of mobile filtration solutions will power DESOTEC’s growth strategy as it enters the North American market with its plug-and-play 24/7 solution offering and service.
CEO of DESOTEC, Julie Santens explains: “Today’s announcement marks the beginning of an exciting new chapter for DESOTEC as we continue on our mission to better protect the planet. This landmark investment is the first step as we embark on the rollout of our North American growth strategy and further expansion of our leading market position.”
The transaction is expected to close in the second calendar quarter of this year, subject to regulatory approvals and other customary closing conditions
Ron Keating, Evoqua's CEO added: “We are confident that the carbon reactivation and slurry business will thrive under DESOTEC's leadership, and we look forward to continuing a business relationship to provide activated carbon solutions to the marketplace.”