GE Water Business to Acquire IMT Solutions
GE announced that it has agreed to acquire IMT Solutions, a private Netherlands-based manufacturer of ultrafiltration and microfiltration membranes for water treatment.
With IMT’s ultrafiltration membrane technology, GE will be expanding and complementing its existing ZeeWeed advanced ultrafiltration hollow-fiber membrane portfolio. IMT’s products, including its SevenBore ultrafiltration membranes, are suitable for high-pressure applications and are ideal for use in upstream offshore oil and gas operations.
GE will use its global reach, as well as commercial and execution capability, to take IMT’s membrane technology, integrate it with its own and proliferate it across the world.
“Over the past 20 years, the ZeeWeed family has grown and evolved to become the vast, industry leading ultrafiltration membrane portfolio it is today. GE is committed to continued technology advancements and growth in water reuse, wastewater and tough-to-treat water technologies. The acquisition of IMT Solutions and its polyethersulphone membranes will complement our current offerings and offers terrific opportunities for further growth,” said Heiner Markhoff, president and CEO—water and process technologies for GE Power & Water.
“GE and IMT Solutions share a commitment to purifying water and reusing water through the use of membranes. Our technologies have great synergy and together will be able to reach a broader market,” said Nico Marsman, general manager for IMT Solutions.
Source: GE