Evoqua and Giotto enter agreement for distribution of Evoqua’s Memcor® UF & MBR membrane products
Evoqua Water Technologies Ltd., a wholly-owned subsidiary of Evoqua Water Technologies Corp., and Giotto Water S.r.l. have entered into an exclusive agreement in relation to the distribution of Evoqua’s Memcor® product range in Europe. Under the terms of the agreement Giotto will have exclusive rights to market and sell Memcor ultrafiltration and Membrane Bioreactor (MBR) products in select territories throughout Europe.
'We are delighted to enter into this agreement with Giotto for our Memcor product range,' said Ben Soucy, VP/General Manager of Evoqua’s Memcor division. 'Memcor has a rich history and strong installed base, especially our MBR offerings throughout Italy. We are excited to leverage the additional local reach and expertise of Giotto within Italy and other European markets we are not currently serving.'
Evoqua has more than 20 MBR installations operating in Italy, including one of the largest in Europe at Santa Giustina in Rimini, treating an average daily flow of 76 million litres.
For many Italian municipalities, particularly in coastal areas that depend on good quality water to support tourism and agriculture, industries vital to their economy, high-quality treated water coupled with a small footprint afforded by the MBR technology makes it a leading choice for wastewater treatment in recent years. Global MBR growth rates are largely driven by the need to process more wastewater in less space. As membrane technology has advanced it has become a reliable and accepted barrier for pathogen removal making MBRs an important platform for water reuse, providing water security for thriving economies.
'With this agreement, Giotto Water completes its products portfolio as a technology partner,' said Enzo Bina, Managing Director of Giotto Water Srl. 'For Giotto Water this agreement is very important, as it allows us to combine our traditional equipment offering with one of the more strategic technologies in the Italian and European markets.'
In a separate transaction, Evoqua has sold all the remaining operations of its former Italy business, including customer contracts, to Giotto.