Latest News - Corporate Happenings

Saur Group Expands into Asia-Pacific with Acquisition of IWE Malaysia

July 2024

Latest News - Corporate Happenings

Saur Group Expands into Asia-Pacific with Acquisition of IWE Malaysia

July 2024

Saur Group, a leading investor, operator, and technology provider in the water infrastructure sector, has announced the acquisition of IWE Malaysia, a company renowned for its innovative water treatment solutions. This strategic move, facilitated by Nijhuis Saur Industry (NSI), a subsidiary of Saur Group, signifies a major step in Saur's expansion into the Asia-Pacific region.

IWE Malaysia, recognized for its technical expertise and service to key sectors such as Food & Beverage, Paper & Pulp, and Energy, aligns seamlessly with Saur Group's ambitions. This synergy will enable Saur to enhance its service portfolio and solidify its presence in Asia. Following the acquisition, IWE will serve as the regional operations hub for NSI Asia Pacific, headquartered in Malaysia.

Patrick Blethon, Executive Chairman of Saur, emphasized the importance of this acquisition: "This acquisition significantly advances our Group’s mission to be a leader in water transition. IWE Malaysia has established itself as a pioneer in innovative water treatment solutions, which perfectly complements our existing capabilities and will enhance our service offerings to customers across the Asia-Pacific region."

Menno M. Holterman, CEO and President of Nijhuis Saur Industries, echoed this sentiment: “IWE Malaysia’s technical expertise, references and innovative solutions complete our diverse portfolio of advanced water treatment technologies and services. We are excited to integrate IWE into our operations, which will strengthen our ability to meet the growing demands for industrial wastewater solutions in the Asia-Pacific region. Together, we will provide unparalleled value to our customers through our combined knowledge and resources.”

Saur Group is committed to ensuring a smooth transition for the employees and clients of IWE Malaysia while maintaining the operational excellence that has earned IWE its strong reputation. The transaction, pending regulatory approvals, is expected to be finalized in Q4 2024.

Related Articles

Latest Articles