# Hassan Allam Holding acquires majority stake in German water treatment firm Bioworks AG

Egyptian Hassan Allam Holding announced the acquisition of a majority stake in German water treatment technology company Bioworks AG, based in Munich, to expand in water treatment and desalination projects.

- Type: Acquisition
- Announced: 2019-06-10
- Where: Munich, Germany
- Status: announced
- Products: water treatment and purification technology, wastewater treatment solutions
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Hassan Allam Holding](https://endata.com/companies/30598.md) (acquirer)
- [Bioworks AG](https://endata.com/companies/39925.md) (target)

## Sources

- [amwalalghad.com](https://amwalalghad.com/2019/06/11/%D8%AD%D8%B3%D9%86-%D8%B9%D9%84%D8%A7%D9%85-%D8%AA%D8%B9%D9%84%D9%86-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A3%D9%84%D9%85%D8%A7/), 2019-06-10: "أعلنت شركة حسن علام القابضة الاستحواذ على حصة الأغلبية في شركة Bioworks AG الدولية المتخصصة في حلول تكنولوجيا معالجة وتنقية مياه الشرب والصرف الصحي ومقرها مدينة ميونخ الألمانية."
- [dailynewsegypt.com](https://dailynewsegypt.com/2019/06/11/hassan-allam-acquires-majority-stake-in-bioworks/), 2019-06-11: "Hassan Allam Holding, a leading construction and engineering group in Egypt, announced on Monday that its subsidiary Hassan Allam Holding B.V. acquired a majority stake in Bioworks, a global player in water and waste-water technology headquartered in Munich, Germany."

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