APTwater buys remaining Sepro shares from Sojitz
California-based APTwater Rochem® has acquired the remaining shares of Sepro Membranes from its previous joint-venture partner Sojitz Corporation of Tokyo, Japan.Sepro specializes in the development and manufacture of high performance ultrafiltration, microfiltration and nanofiltration membranes and modules serving the water, food processing, mining, dairy and automotive industries. Terms of the agreement were not disclosed
"Sepro Membranes are core to our strategy going forward, and we are excited about the prospects for growing the business," said John Kaestle, APTwater CEO. "Additive to strong technology and manufacturing capabilities, we are acquiring a capable and committed staff and we expect to invest in capital expansions over the next two years to expand Sepro's capabilities and new products."
Michael Froud, chief growth officer for APTwater added "Sepro's development in the area of 'functionalized membranes' is opening very promising new markets for our systems, modules and membranes to solve unique and challenging problems in the area of 'difficult to treat' waters and process fluids."
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