SUEZ completes acquisition of Lanxess RO membrane portfolio
SUEZ announced it has finalized the purchase of the Reverse Osmosis (RO) membrane product line from specialty chemical company LANXESS. Integrating the RO membranes into the SUEZ existing product portfolio expands and complements SUEZ’s reach into the industrial water market and provides the company with a strong foundation for growth in adjacent sectors.
The acquisition will allow the Group to further help customers address water treatment challenges. The purchase falls in line with SUEZ’s strategy to grow and invest in the industrial water market.
“This acquisition allows us to meet a rapidly growing need for brackish water RO membranes with a product that complements our existing technology portfolio,” said Yuvbir Singh, CEO of SUEZ’s Water Technologies & Solutions business unit. “I’d like to welcome the employees at the Bitterfeld production facility to the SUEZ family, and express our commitment to our new channel and distribution partners. We are looking forward to working with them and growing in new ways around the world.”
The purchase of LANXESS’ RO product line includes the RO membranes product line and production facility located in Bitterfeld, Germany. With the purchase now complete, SUEZ will integrate the membranes into its full solutions portfolio to meet broader and emerging water treatment needs, while adding additional international RO membrane production capabilities and capacity to meet growing global demand.