RWL Water Group is acquiring the Argentinian water treatment company Unitek SA.
Headquartered in Mar del Plata, Buenos Aires, Unitek has been producing standard and custom solutions for water treatment and reuse since 1993. The engineering project developer applies membrane-based technologies including reverse osmosis, ultrafiltration and membrane bioreactors for applications ranging from the demineralization of seawater to the reuse of wastewater and has more than 700 pieces of equipment installed in South, Central and North America.
Unitek joins RWL Water portfolio companies Aeromix, Eurotec WTT and Nirosoft. "We are very excited that Unitek, which fits so perfectly with the RWL Water culture and technology, has agreed in principle to join forces with us. When completed, the addition of Unitek will provide us with the credibility, expertise and speed to respond to almost any water treatment need for our customers in Latin America," said Henry Charrabé, president and CEO of RWL Water. When the deal closes Unitek will be majority-owned by RWL Water. Unitek's founders will retain a minority equity interest and continue to grow the business as RWL Water partners in their current positions with Unitek.