Divestiture • Environmental

Desotec Acquires Evoqua - Carbon Reactivation and Exchange Services Business

On June 16, 2023, Desotec acquired environmental company Evoqua - Carbon Reactivation and Exchange Services Business from Evoqua

Acquisition Context
  • This is Desotec’s 1st transaction in the Environmental sector.
  • This is Desotec’s 1st transaction in the United States.
  • This is Desotec’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date June 16, 2023
Target Evoqua - Carbon Reactivation and Exchange Services Business
Sector Environmental
Buyer(s) Desotec
Sellers(s) Evoqua
Deal Type Divestiture

Target Company

Evoqua - Carbon Reactivation and Exchange Services Business

Pittsburgh, Pennsylvania, United States
Evoqua's Carbon Reactivation and Exchange Services Business includes Evoqua’s product lines’ workforce, reactivation facilities and associated equipment. Evoqua's Carbon Reactivation and Exchange Services Business is based in Pittsburgh, Pennsylvania.
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Buyer Overview 1

Buyer

Desotec

Roeselare, Belgium

Category Company
Founded 1990
Sector Environmental
Employees110
DESCRIPTION

Desotec provides circular, mobile filtration solutions using activated carbon to help companies purify water, air, and soil. Their “Filtration-as-a-Service” model rents mobile filters, collects saturated filters for off-site reactivation, and then re-uses the carbon, reducing waste while helping clients meet environmental standards. Desotec was founded in 1990 and is based in Roeselare, Belgium.


Deal Context for Buyer #
Overall 1 of 1
Sector: Environmental 1 of 1
Type: Divestiture 1 of 1
State: Pennsylvania 1 of 1
Country: United States 1 of 1
Year: 2023 1 of 1

Seller Profile 1

SELLER

Evoqua

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2014
Sector Environmental
Revenue 1.7B USD (2022)
DESCRIPTION

Evoqua provides water and wastewater treatment products, systems, and services for industrial and municipal customers. Its comprehensive, cost-effective, and reliable treatment systems and services reduce fresh water demand, ensure uninterrupted quantity and quality of water, and enable regulatory and environmental compliance. With a wide range of proven product brands and advanced water and wastewater treatment technologies, mobile and emergency water supply solutions, and service contract options, Evoqua helps cities provide clean water and industrial plants to maintain productivity and profitability. Evoqua was founded in 2014 and is based in Pittsburgh, Pennsylvania.


Deal Context for Seller #
Overall 2 of 3
Sector: Environmental 1 of 1
Type: Divestiture 2 of 2
State: Pennsylvania 1 of 1
Country: United States 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-18 Epicor

Linden, New Jersey, United States

Epicor is a manufacturer of high-quality powdered ion exchange resins and resin/fiber mixtures for the power industry. Epicor has supplied specialty resins for power steam system treatment. The resins provide a cost-effective and efficient method for creating and maintaining a continual supply of ultra-pure water for power plants. Epicor is based in Linden, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 Magneto

Schiedam, Netherlands

Magneto is a developer and manufacturer of anodes for the electrochemical industry and refurbishment of electrochlorination cells for seawater electrolysis. Magneto was founded in 1957 and is based in Schiedam, Netherlands.

Sell -