Gradiant Acquires H+E Group To Boost Semiconductor, Industrial Water Expertise

KUALA LUMPUR, Oct 3 (Bernama) -- Gradiant, a global solutions provider for advanced water and wastewater treatment, has acquired H+E Group (Hager+Elsässer), an established European water solutions provider with over 100 years of experience in providing end-to-end solutions to advanced manufacturing.

According to a statement, this acquisition underscores Gradiant's commitment to delivering leading-edge solutions for the semiconductor sector and represents the company's first footprint in Europe.

“We are thrilled to welcome H+E Group into the Gradiant family. This acquisition aligns with our strategic vision of becoming a comprehensive solutions provider for the semiconductor industry.

“H+E Group brings to Gradiant deep experience in ultrapure water and wastewater treatment for the semiconductor and advanced manufacturing sector and establishes a firm foundation in the EMEA region,” said Gradiant Chief Operating Officer, Prakash Govindan.

Meanwhile, Sustainable Growth Fund (SGF) I and SGF II Co-Founder, Board of Aquarion AG Chairman and H+E GmbH Managing Director, Jennifer L. Wick said: “This is the right next step for H+E Group’s fast-growing industrial wastewater and ultrapure water business to be acquired by Gradiant.”

By combining H+E Group’s domain expertise in semiconductor and industrial water with Gradiant's broad suite of end-to-end water treatment solutions, Gradiant is in a prime position to deliver innovative and tailored solutions to address the unique challenges faced by semiconductor manufacturers.

H+E Group’s long history and extensive 30,000 reference installations reflect its track record of successfully delivering high-quality water solutions.

This acquisition allows Gradiant to leverage these achievements and further establish itself as a leader in water solutions for the global semiconductor and industrial water market.

The announcement is part of a larger transaction where SGF I and II has sold a majority stake in Aquarion, a Swiss-based industrial water and wastewater treatment company.

-- BERNAMA