H2O Innovation acquires remaining 76% of Genesys Membrane Products

H2O Innovation acquired the remaining 76% of Genesys Membrane Products (GMP) in Madrid, Spain, from arm's length sellers. The purchase price is based on 2x EBITDA for 2020-2022, with an initial payment of €1.54 million.

“The acquisition of GMP should be seen as the next logical step in our goal of developing the world's largest membrane specialty chemicals”smartwatermagazine.com

• 1 source
• smartwatermagazine.comH2O Innovation acquires GMP to boost its membrane chemicals capabilities – Smart Water MagazineH2O InnovationFeb 9, 2021

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