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Evoqua Water Technologies completed the sale of its Memcor low pressure membrane product line, including its manufacturing site in Windsor, Australia, to DuPont for $110 million in cash, with gross proceeds of $121.3 million. The sale closed on December 31, 2019.
“DuPont purchased 100% of the corporate capital of the Australian Subsidiaries and all of the other Evoqua Sellers’ assets related to the Memcor® low pressure membrane product line.”getfilings.com
Summarized from public sources; check the original articles before acting on it.