Aquatech Announces Landmark Investment from Cerberus to Advance World-Leading Process Technology Platform
- Editor
- Apr 3
- 1 min read
Whats Happening:
Aquatech, a leader in water and critical minerals technology, has secured a growth investment from Cerberus Capital Management. This partnership aims to reinforce Aquatech's position in addressing water scarcity and critical minerals security. The investment will support Aquatech's expansion plans, including geographic growth, technology development, and the creation of a technology-as-a-service offering.
Key Moves:
Cerberus Capital Management makes a minority investment in Aquatech
Aquatech to focus on geographic expansion and key technology investments
Company plans to create a technology-as-a-service development company
By The Numbers:
Cerberus manages approximately $65 billion in assets
Aquatech has facilities in over 60 countries
Aquatech's recent contract includes a 25-year operations deal for a green steel facility in Sweden
Key Quotes:
"Technology leadership and performance excellence are core to everything we do. This partnership positions us as the premier platform for process technology," said Venkee Sharma, Executive Chairman of Aquatech.
"With its technical expertise and decades of experience solving the most complex challenges in water process technology, Aquatech is well-positioned to advance its leadership in crucial, high-growth sectors," said Michael Buchbinder, Managing Director at Cerberus.
Bottom Line:
The strategic investment from Cerberus positions Aquatech to accelerate its growth and innovation in water and critical minerals technology. This partnership underscores the increasing importance of addressing water scarcity and mineral security, potentially leading to significant advancements in these crucial sectors.
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