Saur acquires Nijhuis Industries to become leader in industrial water
French water technology company Saur acquires Nijhuis Industries, one of the largest industrial water treatment companies. The acquisition follows rapidly after the acquisition of the Dutch water technology company Econvert. Sauer wants to strengthen its international market position in the field of industrial water services.
According to Saur the acquisition of the Dutch company fits in the growth strategy for the activities in the field of industrial water treatment. Together with the Italian company Unidro, Nijhuis and Econvert will become part of a new platform for industrial water that aims for growth the current annual turnover of 200 million euros to more than 300 million in 2022.
Saur expects synergy by combining complementary technologies, customer portfolios and geographical presence. In addition the Paris-based company wants to maintain the entrepreneurial spirit and agility of the separate partners. With the help from the French headquarters the new platform aims to provide large long-term operational and maintenance services to global industrial customers.
Worldwide reference player
Patrick Blethon, Executive Chairman of Saur: “This acquisition is a key transforming milestone in the rollout of our strategy, as it decisively places Saur among the reference players on the global Industrial Water market. We will build up on the strong complementarities between Nijhuis Industries and the existing Saur Industry businesses, including Unidro and Econvert, to further expand our industrial footprint, and efficiently serve our industrial customers with increasingly innovative solutions, while defending water resources.”
“Today marks a new step in Nijhuis’ long history of excellence and successful development. By partnering with Saur, we are renewing our technological edge for the coming years, ensuring our employees, clients and business partners with our reaffirmed commitment to strongly develop sustainable water use through innovation delivering solid and adaptative solutions for a sustainable and resilient future”, says Menno Holterman CEO of Nijhuis Industries and future head of Saur Industrial Water.