# Hitachi Zosen to acquire majority stake in Osmoflo

Hitachi Zosen Corporation will acquire 70% of the outstanding shares of Australian desalination firm Osmoflo Holdings, making it a subsidiary. The remaining 30% will continue to be held by Marubeni Water Australia.

- Type: Acquisition
- Announced: 2016-12-19
- Where: Australia
- Status: announced
- Products: thermal desalination (MSF), reverse osmosis membrane desalination
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Hitachi Zosen](https://endata.com/companies/17158.md) (acquirer)
- [Osmoflo Holdings](https://endata.com/companies/20838.md) (target)
- [Marubeni Water Australia](https://endata.com/companies/20839.md) (partner)

## Sources

- [waterworld.com](https://www.waterworld.com/drinking-water-treatment/article/16202776/hitachi-acquires-osmoflo-to-combine-thermal-membrane-desalination-offering), 2016-12-19: "Hitachi Zosen Corporation will acquire the majority of shares of Australian firm, Osmoflo."
- [filtsep.com](https://www.filtsep.com/content/news/hitachi-zosen-to-acquire-osmoflo), 2017-01-04: "This is a fantastic moment for Osmoflo, the point when we can truly become a global business with the ability to replicate around the world our Australian successes."
- [globalwaterintel.com](https://www.globalwaterintel.com/articles/hitachi-zosen-moves-into-ro-market-with-osmoflo-buy), 2017-01-19: "Hitz intends to use Osmoflo to tender for large-scale reverse osmosis facilities in the Middle East."
- [doi.org](https://doi.org/10.1016/s0958-2118(17)30022-8), 2017-02-01: "Japan's Hitachi Zosen Corp... has entered into a share sale and purchase agreement to acquire the majority of shares in Australian desalination company Osmoflo Holdings Pty Ltd."

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