# Kemira acquires Water Engineering, Inc. for $150M

Kemira Oyj signed a purchase agreement to acquire Water Engineering, Inc., a water treatment services company based in Nebraska, USA, from Nolan Capital, Inc. for approximately USD 150 million in cash. The transaction is expected to close before year-end 2025.

- Type: Acquisition
- Announced: 2025-09-16
- Where: Nebraska, United States
- Value: $150.0M
- Status: announced
- Products: water treatment services, boiler water treatment formulations, cooling tower water treatment formulations, industrial wastewater treatment solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Water Engineering AB](https://endata.com/companies/14398.md) (target)
- [Kemira Oyj](https://endata.com/companies/16014.md) (acquirer)
- [Nolan Capital](https://endata.com/companies/58002.md) (investor)
- [Nolan Capital](https://endata.com/companies/58002.md) (partner)

## Sources

- [kemira.com](https://www.kemira.com/news-and-stories/newsroom/releases/kemira-expands-into-industrial-water-treatment-services-with-the-acquisition-of-water-engineering-inc/), 2025-09-16: "This acquisition is a key milestone in our strategy to double the water revenue and establish a strong position in industrial water treatment services."
- [smartwatermagazine.com](https://smartwatermagazine.com/news/smart-water-magazine/kemira-acquire-water-engineering-150-million-deal), 2025-10-02: "This acquisition is a key milestone in our strategy to double the water revenue and establish a strong position in industrial water treatment services."
- [bluefieldresearch.com](https://www.bluefieldresearch.com/research/kemira-dives-deeper-into-industrial-water-with-water-engineering-inc-acquisition/), 2025-10-10: "Kemira announced the US$150 million acquisition of Water Engineering, Inc. from Nolan Capital."
- [intrepidib.com](https://intrepidib.com/intrepid-advises-water-engineering-on-its-sale-to-kemira/), 2025-10-24: "The partnership with Kemira presents a transformative opportunity for Water Engineering, enabling the company to accelerate its national growth and broaden capabilities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.