newterra announces acquisition of Aeration Industries International, LLC
06 March 2018
newterra, the company specialising in decentralized and modular water, wastewater, and groundwater remediation solutions, has announced it has acquired Aeration Industries International, LLC.
Aeration Industries’ business is wastewater aeration and mixing solutions serving the industrial, municipal, and aquaculture markets. Aeration Industries has been owned by Granite Equity Partners of St. Cloud, MN, since 2010.
The acquisition will diversify newterra’s revenue mix and strengthen its growing industrial footprint, expanding into new international markets, increasing the company’s presence in industrial wastewater treatment, and adding a presence in the global aquaculture market.
The companies together have more than 220 water professionals with experience operating in over 110 countries. The combined company will leverage shared resources and work together to offer expanded services and solutions.