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Metito unveils spinoff of key business lines

  • Metito unveils spinoff of key business lines
    Credit: Metito

About the entity

Metito
Metito is the leading provider of choice for total intelligent water management solutions in the emerging markets with operations covering three business areas: design and build, chemicals, and utilities.

Themes

Metito, a globally leading provider of intelligent water management solutions, announces the reorganization of its core business lines into independent group companies aiming to enhance growth and profitability. This will enable each business line to pursue focused growth strategies while maintaining the expertise and operational excellence that have defined Metito’s legacy in the water sector for the past 66 years.

Metito will reorganize its core business lines into three standalone group companies, each with a focus on its core expertise and growth prospects:

Metito Utilities, historically operated as an independent group company, will continue its business in investment, development, and long-term operation & maintenance of water and wastewater concessions.

Metito Water Projects (METIPRO) will continue focusing on high-value engineering, design and build solutions tailored to water infrastructure developments and urban water needs.

Metito Chemical Solutions (METICHEM) will continue providing advanced water treatment chemicals, operation & maintenance and customer-service engineered packages.

“Metito has been at the forefront of the water and wastewater industry for decades, and this marks a pivotal moment in our journey, and our commitment to addressing water scarcity and developing advanced water solutions for the communities we serve remains our top priority and allows each independent company to focus on its core strengths while drawing on our extensive experience” said Mutaz Ghandour, Chairman of the Metito Group.

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