Almar Water Solutions

Almar Water Solutions enters the Australian market with the acquisition of 70% of Aqualyng

Almar Water Solutions, a leading company in the development and management of water infrastructure and services, and part of Jameel Environmental Services, has announced its entry into the Australian water market with the acquisition of 70% of the Australian company Aqualyng.

This acquisition further expands Almar Water Solutions’ presence in the Asia Pacific region and facilitates its path to becoming a leading global water services provider.

Aqualyng is a comprehensive water platform with deep experience in EPC (Engineering-Procurement-Construction) and BOT (Build-Operate-Transfer) projects. To date, Aqualyng has developed more than 144 water projects worldwide, including water production, wastewater treatment, operation and maintenance services, industrial applications, technological solutions and chemical supply, among others.

With this transaction, Almar Water Solutions and Aqualyng will create a leading platform serving regional, industrial and municipal water markets.

Almar Water Solutions completed this acquisition just after the financial close of a critical industrial project for Aqualyng. Aqualyng was awarded a water treatment plant for the industrial client WestSide Corporation, becoming the first industrial reuse reference under a BOOT scheme