EnviroChemie Group, a leader in industrial water technology solutions, acquires Industrial Water Management Ltd. (IWM) in Ireland
In recent years, EnviroChemie has significantly extended its range of products and market share for services, plant operations, and, above all, water chemicals for process and wastewater treatment plants as well as for cooling and boiler water treatment. The acquisition of IWM will strengthen the mutual competencies in this market segment and expand the range of services available for customers. This transaction will give EnviroChemie a permanent presence in Ireland and give Irish customers the potential to benefit from EnviroChemie’s broad range of products and services as well as local support from IWM. IWM's optimal access to pharmaceutical customers is also in line with EnviroChemie's current strategy.
IWM, based in Dublin, specializes in cooling tower, steam boiler and water hygiene services, including legionella control and water chemicals supply. IWM offers its customers the entire range of services including consulting, laboratory analyses, on-site service and training. With 30 employees, IWM generates an annual turnover of approximately € 3 million.
IWM offers exceptional access to EnviroChemie Group's technologies due to long-term and trusting customer relationships, especially in the pharmaceutical industry, hospital sector and food industry.
Jörg Krause, CEO of EnviroChemie Group says: 'The acquisition of IWM is an important element of our growth strategy for service offerings. We are broadening the regional scope of our business in Europe and thus further reducing our dependency on individual regions. The open, down-to-earth and innovative corporate culture of IWM fits very well with our culture. We look forward to a successful cooperation”.
Conor O' Donovan, CEO of IWM, is delighted to become part of a leading group of industrial water and wastewater treatment companies in Europe and says: 'The high level of competence and diverse experience of the experts at EnviroChemie Group will enhance IWM’s capacity in providing comprehensive support to our customers in Ireland. We are also proud to bring our expertise, specifically in water hygiene and legionella treatment, to the customers of our new colleagues. Many existing and new customers will benefit from the expansion of EnviroChemie Group's range of services with complete solutions for process water and wastewater'.