Milan, Italy – Amane Advisors has provided strategic industry knowledge and Due Diligence support to Industrie De Nora Spa, a multinational company and a leading Designer, Manufacturer and Supplier of electrodes and complete electrochemical solutions, on its acquisition of Severn Trent Services Water Purification.
Industrie De Nora Spa has more than 40 years of experience in electrochemistry and has been providing innovative Electrochlorination Technologies with Severn Trent to the water industry through a joint venture Severn Trent De Nora (STDN) since 2002.
With this deal, Industrie De Nora completes the acquisition of two companies:
“The achievement of this important acquisition,” stated Paolo Dellachà, CEO of De Nora, “is an important first step in attaining our goal to be a leader in meeting the booming demand for innovative water treatment technologies. This acquisition also creates great synergies that will benefit our customers around the world. For example, the breadth of De Nora’s worldwide footprint will support and enhance OEI’s distribution network, which already covers Europe, USA, Central and South America, China, Taiwan, and Korea” he added.
The combined acquisitions represent a significant development for De Nora, which is pursuing the development and extension of its diversified portfolio with a special focus on the water and agro-food sectors. It will move Industrie De Nora positively into the international water sector and enhance its visibility and recognition as a global water service and solution provider.
Amane Advisors Managing Partner, Thierry Noel added, “This has been a tremendous project for Amane and we are delighted to have been part of Industrie De Nora’s high profile move into the global water industry. To pull off both deals in the time available has been a very exciting challenge for everyone involved and we are delighted that Amane Advisors were able to mobilise such a strong team of industry experts and provide detailed support to Paolo’s team and their ambitious strategy.”
About Amane Advisors:
Amane Advisors is an advisory firm dedicated to the water industry bringing services to its clients on all matters relating to their growth.
Amane Advisors is the advisory arm of Global Water Intelligence, the world leader in market intelligence in the water industry.
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