H2O Innovation is expanding its manufacturing plant in Ham-Nord, Quebec, by leasing an additional 21,390 square-foot space adjacent to the current plant, increasing manufacturing area by nearly 40%. The new space will be ready as of May 1, 2021.
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.
H2O Innovation Inc. has been awarded a $3.2M engineering contract to design reverse osmosis trains for an electric vehicle plant in Texas, plus four other municipal and industrial water treatment projects.
H2O Innovation Inc. acquired Gulf Utility Service, Inc. for $2.8 million on July 1, 2020. The consideration includes $1.875 million paid at closing and up to $0.875 million subject to revenue targets. Gulf Utility Service reported $6.8 million in revenues and $0.7 million EBITDA in 2019.
H2O Innovation Inc. was awarded seven new water treatment projects in North America totaling $7.6 million, including design-build projects in Santa Monica and Morro Bay, California, and a wastewater reuse system for a gold mine in Nunavut. A separate project worth $9.9 million was cancelled.
H2O Innovation closed a US$200 million platform-level project debt facility to finance the acquisition, construction, and development of water infrastructure assets across the United States.
H2O Innovation Inc. acquired bestUV, a Dutch manufacturer of ultraviolet water disinfection systems, to enter the UV disinfection market.
H2O Innovation's subsidiary Piedmont secured $3.5 million in orders for FRP cartridge filter housings and couplings for desalination plants in Tunisia and Saudi Arabia, including two medium-sized SWRO plants in Tunisia and four FRP units in Saudi Arabia.
Canadian water treatment specialist H2O Innovation has acquired Genesys International, a UK-based specialty chemicals manufacturer for water treatment, for £16.95 million. Genesys operates a facility in Middlewich, Cheshire.
H2O Innovation announced the acquisition of Genesys Holdings Limited and its subsidiaries, a UK-based specialty chemicals group for water treatment, to build one of the largest global specialty chemicals distribution networks.
H2O Innovation Inc. was awarded five new projects in North America worth C$4.7 million, including a pilot for Los Angeles County Sanitation District, two municipal projects in Texas, and two industrial RO projects in Calgary and Arizona.
H2O Innovation has partnered with Sustainable Water on over 45 wastewater reclamation and reuse projects in the United States, including the Virginia WaterHub serving a major manufacturing plant. The partnership includes Water Processing Agreements covering development, finance, and investment.
H2O Innovation Inc. entered a binding agreement to acquire a privately-owned provider of water and wastewater asset management services for municipal utilities in Texas for US$6.71 million. The acquisition is expected to add $17.1 million in annual revenues.
H2O Innovation was awarded four new industrial projects in North America worth $3.1 million, including a wastewater treatment system for a manufacturer in North Carolina and an RO system expansion in the Midwest.
H2O Innovation Inc. was awarded two new industrial projects totaling $4.9 million. One is a water reuse system for a manufacturing company on the U.S. East Coast, the other an ultrafiltration system for an IT company in the western U.S.
H2O Innovation Inc won a C$9.1 million contract with the City of San Diego, California to design, manufacture and commission a 12-train hollow fibre ultrafiltration system for the North City Pure Water Facility, treating 40 MGD of wastewater.
H2O Innovation was awarded a $9.1 million contract by the City of San Diego to design, manufacture, start-up, and commission a 12-train hollow fiber ultrafiltration system for the North City Pure Water Facility, a 40 MGD water treatment plant.
Utility Partners, a subsidiary of H2O Innovation, renewed a municipal O&M contract in Mississippi for five years and won a new five-year contract in Georgia, adding $3.7M to backlog.
H2O Innovation won multiple contracts worth C$4.8 million for reverse osmosis, ultrafiltration, nanofiltration, and membrane bioreactor systems for municipalities in Texas/Oklahoma, Alaska, Montana, Florida, and Michigan.
H2O Innovation Inc has been awarded a series of contracts that will use its flexible membrane bioreactor (flexMBR) technology for water treatment systems.
The Englishman River Water Service management board awarded a $21 million contract to Knappett Projects for the water intake, treatment plant and transmission main. A separate $3.7 million contract for membrane filtration equipment was awarded to H2O Innovation. Construction is expected to start in 4-6 weeks, with completion in summer 2018.
H2O Innovation Inc announced it secured an order for its Clearlogx proprietary technology from the Brazos Regional Public Utility Agency (BRPUA) in Granbury, Texas, USA, following a three-month pilot demonstration.
| Site | Largest | Latest |
|---|---|---|
| Ham-Nord, Canada | 2021-04-19 | |
| United States | $200.0M | 2020-01-27 |