# De.mem acquires Akwa-Worx for A$1.96 million

Singapore-based De.mem Ltd signed a binding agreement to acquire Australian water treatment OEM Akwa-Worx for an initial A$1.5 million in cash and A$460,000 in shares, with additional earn-out payments.

- Type: Acquisition
- Announced: 2017-09-20
- Where: Queensland, Australia
- Value: $1.55M (1.96M AUD)
- Status: announced
- Products: ultrafiltration systems, reverse osmosis systems, membrane bioreactors, chemical dosing systems
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [De.mem](https://endata.com/companies/5958.md) (acquirer)
- [Akwa-Worx](https://endata.com/companies/27030.md) (target)

## Sources

- [filtsep.com](https://www.filtsep.com/content/news/demem-to-acquire-australia-s-akwa-worx), 2017-09-20: "The acquisition of Akwa-Worx is a game changer for De.mem."

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