# Envirosuite acquires AqMB Holdings for $1.35 million

Envirosuite has signed a binding share purchase agreement to acquire 100% of water modelling software company AqMB Holdings for $1.35 million. The acquisition adds digital twin technology for wastewater treatment optimization.

- Type: Acquisition
- Announced: 2020-08-07
- Where: Australia
- Value: $1.35M
- Status: announced
- Products: water treatment digital twin software
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Envirosuite](https://endata.com/companies/49078.md) (acquirer)
- [AqMB Holdings](https://endata.com/companies/49079.md) (target)

## Sources

- [commswire.com.au](https://commswire.com.au/listed-tech/envirosuite-to-acquire-aqmb-holdings-for-$1-35m.html), 2020-08-07: "Envirosuite says the trial indicated a potential reduction of up to 35% or A$500,000 equivalent in annual electricity and chemical usage at the plant."

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