# China's Newater acquires Israeli water purification co AMS for $13.5M

Newater Technology Inc. announced it will acquire 100% of Israeli water filtration company AMS Technologies for $13.5 million. AMS develops chemically and thermally stable ultrafiltration and nano-filtration membranes for wastewater treatment.

- Type: Acquisition
- Announced: 2018-03-12
- Value: $13.5M
- Status: announced
- Products: ultrafiltration membranes, nano-filtration membranes, membrane filtration equipment
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Newater Technology](https://endata.com/companies/30711.md) (acquirer)
- [AMS Technologies](https://endata.com/companies/30712.md) (target)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-chinas-newater-buys-israeli-water-purification-co-ams-1001263292), 2018-03-12: "By acquiring a company with a leading international membrane materials manufacturing and development technology, Chinese companies have the opportunity to catch up with globally leading companies in membrane materials technology."

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