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Evoqua completes divestiture of Memcor product line

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  • Evoqua completes divestiture of Memcor product line

About the entity

Evoqua
Evoqua Water Technologies delivers products, solutions and services to ensure water quality and consistency for municipalities, industrial water users and recreational facilities.
ACCIONA
Idrica
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Themes

Evoqua Water Technologies has completed the divestiture of the Memcor® product line to Dupont Safety & Construction. Gross proceeds from the sale were approximately $110 million.

“The successful closing of the Memcor divestiture is an important milestone in our product portfolio strategy,” said Ron Keating, CEO of Evoqua. “We are pleased to expand our relationship with DuPont as we source innovative products to incorporate into our integrated solutions and services.”

The Memcor product line, which pioneered many firsts in low-pressure membrane technology, consists of microfiltration, ultrafiltration and membrane bioreactors (MBR). The divested business has approximately 190 employees globally.