Almar Water Solutions, a global leading business in developing and managing water infrastructure and services, and part of Jameel Environmental Services, has announced its entry into the Australian water market by securing a 70% acquisition of the Australian company Aqualyng.
Aqualyng is a comprehensive water platform with expertise in Engineering, Procurement, and Construction (EPC), and build-operate-transfer (BOT) projects. To date, Aqualyng has developed more than 144 water projects globally, comprising water production, wastewater treatment, operation and maintenance services, industrial applications, technology solutions, and chemical supply, among other offerings.
“The Asia Pacific region has always been a target market for Almar Water Solutions. With the Aqualyng acquisition, we are expanding our presence in this market and growing in competencies, covering the entire water cycle and becoming a global water services provider. This new step, framed within the strategic plan, will add value to our company and the industry.” said Carlos Cosin, CEO of Almar Water Solutions.
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