While a slower week for projects and new product introductions, we saw a lot of partnership activity in the Water & Wastewater space. An interesting one is Xylem’s agreement to become GE’s distribution partner for its advanced membrane filtration products. The companies plan to expand the relationship further into Europe, Asia and Latin America at a future date. For more on this story and others, continue reading:
M&A/ Partnerships
- Xylem and GE have entered into a non-exclusive agreement for Xylem to become GE’s distribution partner into the public utilities market in Portugal, Italy, Germany, Austria, Switzerland, the United Kingdom, Australia and New Zealand for its ZeeWeed technologies.
http://www.waterworld.com/index/display/article-display.articles.waterworld.wastewater.treatment.2011.11.membrane-distribution-agreement-between-Xylem-GE.QP129867.dcmp=rss.page=1.html - Ambienta SGR made an equity investment of €16m in Amplio Filtration Group to become a minority shareholder. The investment will be utilized to speed up the delivery of Amplio Filtration objectives, including the expansion of the business in international market.
http://www.water-technology.net/news/newsambienta-makes-equity-investment-in-amplio-filtration-group - Qatar University and ConocoPhillips Water Technology have signed a research agreement to develop a new desalination process based on membrane distillation. ConocoPhillips will fund the project and the advisory and technical support will come from Qatar Electricity and Water (QEWC) and Kahramaa.
http://www.water-technology.net/news/newsqatar-university-cop-sign-research-agreement - Nitto Denko/Hydranautics announced a collaboration with Singapore’s …