These strategic acquisitions specifically exand the technology company’s water management portfolio. “Thanks to the acquisitions, we can offer our customers an even wider range of solutions”, explains Oliver Hermes, President and CEO of the Wilo Group. “We are consistently following our strategic development from an expert for heating applications to a holistic solutions provider for all applications in the transport, use and treatment of water and wastewater.”

The two companies are integrated into the Strategic Business Unit (SBU) Water Treatment combining all Wilo Group activities in the field of water and sewage treatment. However, the companies will remain independent and continue to be run by local managers.

The Wilo Group is one of the world’s leading premium suppliers of pumps and pump systems for building services, water management and the industrial sector. Wilo employs around 8,200 people around the globe.

The I-ADVISE team led by Frank Sichau provided financial and tax due diligence support, business valuation services and supported Wilo group relating economical aspects in the SPA.

I-ADVISE is an audit and advisory firm specialising in transaction and valuation services and is a member of an international alliance of independent advisory firms.

For further information please visit www.i-advise.de.