XPV-backed Nexom acquires Blue Water Technologies' assets
Canada's Nexom has acquired the assets of Blue Water Technologies Inc, a Hayden, Idaho-based specialist in tertiary sand filters and primary pre-screening. No financial terms were disclosed. Winnipeg-based Nexom said the deal will enhance its wastewater treatment technology solutions, which aim to improve nutrient removal and increase energy efficiency. Nexom was launched earlier this year and is led by CEO Tom Pokorsky and President Martin Hildebrand. XPV Water Partners, a Canadian growth equity firm focused on the water sector, made an undisclosed investment in the company last month. Nexom said it is considering additional acquisitions.
8 September 2016•3 mins read
