25 January 2016
Press ReleasesJames Cowper Kreston is pleased to announce its involvement on the acquisition of Ferex Limited (trading as "Euraqua") by Pollet Water Group NV ("PWG"). The Corporate Finance team provided financial due diligence and advisory services to acquirer.
Located in Hitchen, North London, Euraqua is a leading manufacturer and supplier of specialised water treatment equipment for the commercial and industrial markets within the UK and Ireland. As a result of the acquisition, Euraqua is excellently placed to access a wider range of products and resources.
PWG, based in Belgium, is a family-run business with operations across Europe, the Middle East and Africa. With more than 20 active companies, PWG specialises in the supply of components and complete systems to providers of water treatment services. Euraqua's specialism in designing and manufacturing customised water treatment plant provides a well suited addition to PWG's existing portfolio of products and services that can only enhance the Group's footprint in the UK.
Nick Rogers, Partner and Head of Corporate Finance at James Cowper Kreston, commented: "PWG have been very acquisitive of late and the acquisition of Euraqua provides PWG with an exciting opportunity to further develop the Group's capabilities and offering in the UK market. Over the last few years, Euraqua has seen significant growth in demand for its customised water treatment plant, and now with the worldwide access to resource and back up of PWG, this growth looks well set to continue. We wish them every success in the future."
For more information on our award winning range of corporate finance services, please call Nick Rogers on +44 (0)118 9590261.
