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M&A Deal Summary

H2O Innovation Acquires Lama Filtration

On September 22, 2025, H2O Innovation acquired environmental company Lama Filtration

Acquisition Highlights
  • This is H2O Innovation’s 2nd transaction in the Environmental sector.
  • This is H2O Innovation’s 1st transaction in Spain.

M&A Deal Summary
Date 2025-09-22
Target Lama Filtration
Sector Environmental
Buyer(s) H2O Innovation
Deal Type Add-on Acquisition

Target

Lama Filtration

Seville, Spain
Lama Filtration specializes in the design, manufacture, and distribution of water filtration systems. Lama Filtration was founded in 1948 and is based in Seville, Spain.

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Buyer(S) 1

Buyer

H2O Innovation

Quebec City, Quebec, Canada
Category Company
Founded 2000
Sector Environmental
Employees1,040
Revenue 253M CAD (2023)
DESCRIPTION

H2O Innovation is a provider of membrane filtration solutions for water treatment. H2O Innovation was founded in 2000 and is based in Quebec City, Quebec.

DEAL STATS #
Overall 7 of 7
Sector: Environmental M&A 2 of 2
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Spain M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-12 Leader Evaporator

Swanton, Vermont, United States

Leader Evaporator is a seller of maple farming equipment and products for more than 130 years to maple syrup producers located mainly in the United States. Leader Evaporator is based in Swanton, Vermont.

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