Aquatech Expands Global Reach Through Century Water Acquisition
Aquatech has announced its latest acquisition of Century Water, a prominent player in ultrapure process water and wastewater recycling solutions. This strategic move positions Aquatech as a leader in providing exceptional water technologies for the semiconductor and pharmaceutical sectors.
Establishment of a Center of Excellence
With Century Water becoming part of Aquatech, the firm is setting up a dedicated center of excellence tailored for high-tech industries. This facility will focus on high-purity water technology, digital services, and operational support, making significant strides in meeting the technological needs of the global semiconductor industry.
Enhancing Capabilities
The acquisition facilitates the offering of comprehensive water solutions, which is crucial given the rapid growth in the high-tech manufacturing sphere. By integrating Century Water’s expertise, Aquatech is enhancing its capabilities to provide complete water management solutions that are sustainable and efficient.
Leadership Perspectives
Devesh Sharma, CEO of Aquatech, expressed his enthusiasm for the addition of Century Water to their team. He stated that the collaboration will empower their semiconductor clients to scale operations confidently as they navigate the increasing demands for water in industry practices.
Commitment to Innovation
Michael Lesniak, VP of High Technology Markets at Aquatech, highlighted the alignment in both companies’ commitment to customer-focused technology excellence, embracing research and development to drive innovation across various operational levels.
Future Growth and Opportunities
As part of this acquisition, Aquatech is also establishing a strategic presence in Singapore. This location is renowned for its innovation and talent, proving advantageous for engaging more deeply with industrial customers across East and Southeast Asia. Such a strategic base is essential for strengthening ties with key markets.
Collaborative Efforts
Eugene Liu, CEO of Century Water, noted the excitement of joining forces with Aquatech. He expressed that the partnership aims to create a new generation of pure water treatment services, enhancing sustainability through zero liquid discharge processes on an international scale.
About Aquatech
Aquatech is dedicated to solving critical water challenges faced by leading companies globally. They specialize in areas such as water reuse, desalination, and mineral processing, leveraging their engineering expertise to tackle water scarcity effectively.
Innovative Solutions
For over four decades, Aquatech has built a reputation for innovative technology and project execution. Their broad array of services is utilized in more than 60 countries, reflecting a commitment to excellence and environmental sustainability.
About Century Water
Century Water has established itself as a leading firm in water treatment solutions, focusing on high-purity systems and advanced wastewater management. With over two decades of experience and numerous installations globally, they cater specifically to the needs of multinational clients in the semiconductor and pharmaceutical industries.
Frequently Asked Questions
What was the main reason for Aquatech's acquisition of Century Water?
Aquatech aimed to strengthen its capabilities in high-purity water solutions for the semiconductor and pharmaceutical markets.
What will be the focus of the new center of excellence?
The center will concentrate on providing high-purity water technology and support services for high-tech industries.
How does this acquisition benefit Aquatech's customers?
This acquisition enhances Aquatech's ability to provide comprehensive and innovative water management solutions to meet the evolving demands of their clients.
What opportunities does the Singapore location provide?
Singapore offers a strategic base for innovation and engagement with industrial customers in the East and Southeast Asian markets.
What is Aquatech known for in the industry?
Aquatech is recognized for its leadership in water reuse, desalination, and minimal liquid discharge technologies, along with a commitment to innovative engineering solutions.
