Uniwater enters agreement to acquire Biowater Technology – expands geographical reach and specialist expertise in water treatment
Uniwater has entered into an agreement to acquire Biowater Technology, a Norwegian specialist in innovative water treatment technologies and projects. The acquisition of Biowater Technology is the fifth addition to the Uniwater group portfolio in 2024.
Biowater Technology is an engineering and construction company specialized in wastewater treatment, based in Tonsberg, Norway. With the acquisition of Biowater Technology, Uniwater expands its offering into new markets and adds cutting-edge solutions for water and wastewater treatment to the portfolio.
– We are thrilled to welcome Biowater Technology to the Uniwater group. This acquisition aligns with our vision of leveraging specialized technologies and expertise to address water challenges in communities in a global context. Together, we are well-positioned to drive innovation and expand our offerings to a wider customer base, says Pål Warolin, CEO, Uniwater Group.
Founded in 2007, Biowater Technology has a strong focus on innovation and product development, including next generation biofilm solutions for efficient wastewater treatment. Mainly operating in Norway and Sweden where they deliver turnkey solutions, the team also have reoccurring engineering projects and product sales globally in Brazil, Canada, Finland and Switzerland.
– We are delighted to join Uniwater, a like-minded future focused group with exciting ambitions. With strong new ownership, we are dedicated to developing a valuable organization in Norway that solves future treatment challenges. We look forward to opportunities within the Uniwater family whilst continuing to be a prominent process specialist, technology developer and contractor, says Ilya Mario Savva, CEO, Biowater Technology.
The transaction is subject to customary regulatory approvals and is expected to close during the fourth quarter 2024.
About Biowater Technology
Biowater Technology is an engineering and construction company, that design and develop biological solutions for wastewater treatment. The company is led by CEO Ilya Mario Savva and has 45 employees.
Learn more about Biowater Technology here: https://www.biowater.no/
For more information, please contact:
Carolina Jaworski, Communications Manager Uniwater,
carolina.jaworski@uniwater.se , +46 708 749489
Ilya Mario Savva, CEO Biowater Technology,
ilya@biowatertechnology.com +47 911 10 600
Uniwater is one of the Nordic region's leading groups in water infrastructure, and its specialized subsidiaries offer comprehensive solutions for water and wastewater to the Nordic market. The Group has mora than 400 employees and a turnover of just over SEK 1.5 billion. Uniwater conducts operations in the business areas Water Treatment, Pumping Stations, Products and Solutions.
Uniwater consists of ABAT, ASB VA-automation, Aquasvea, AVVAtech, Dala Kommunalteknik, ELVA Processautomation, Emendo, IBAB, IBECO, Lauridsen, Norvatek, Proco Services, Rostfria VA-system, Stainless Steel Water and Wastewater Systems, Svanesunds rör and Tonisco. Together, the areas form a unique breadth of specialist services and products for the development of water infrastructure.
