M&A Deal Summary

Gradiant Acquires Sigma Water Engineering Sdn. Bhd.

On September 21, 2020, Gradiant acquired utilities company Sigma Water Engineering Sdn. Bhd.

Acquisition Highlights
  • This is Gradiant’s 1st transaction in the Utilities sector.
  • This is Gradiant’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2020-09-21
Target Sigma Water Engineering Sdn. Bhd.
Sector Utilities
Buyer(s) Gradiant
Deal Type Add-on Acquisition

Target

Sigma Water Engineering Sdn. Bhd.

Puchong, Malaysia
website
Sigma Water Engineering is an industrial water and wastewater treatment company with repeated success in delivering industrial water treatment systems in Food and Beverage, Oil and Gas, Glove Manufacturing, and other various water-intensive industries. Additionally, Sigma Water has a strong manufacturing front with a fabrication and chemical storage facility also based in Malaysia along with established relationships with both global and local customers, contractors, and other resources. Sigma Water Engineering was formed in 2004 and is based in Puchong, Malaysia.

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Buyer(S) 1

Buyer

Gradiant

Woburn, Massachusetts, United States

website


Category Company
Founded 2013
Sector Environmental
DESCRIPTION

Gradiant develops and delivers advanced water and wastewater treatment facilities around the world, with a primary focus in the rapidly growing Asia Pacific region for global brand owners and manufacturers with mission-critical needs in cleantech water and sustainable operations. Gradiant was founded in 2013 and is based in Woburn, Massachusetts.


DEAL STATS #
Overall 1 of 6
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 6
Country (Malaysia) 1 of 1
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-17 Synauta

Calgary, Alberta, Canada

Synauta is a Canadian artificial intelligence (AI) water technology company that combines a deep understanding of desalination and machine learning artificial intelligence to treat more water with less energy and chemicals to reduce operating costs for our customers. Synauta is based in Calgary, Alberta.

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