MWH Global to acquire U.K. based water construction and engineering firm Biwater Services

The global wet infrastructure sector leader and provider of environmental engineering, construction and strategic consulting services, MWH Global, announced Monday it has signed a definitive agreement with Biwater Holdings Limited to acquire its U.K. based subsidiary Biwater Services Limited.

Biwater Services is a leading U.K. water construction and engineering firm, acting as the holding company for Biwater Treatment, Farrer Consulting and BiProduct Recovery. The combined entity of the two businesses is expected to be able to offer program and asset management led frameworks, enabling MWH to benefit from expected market changes and be responsive to future challenges.

Robert B. Uhler, Chairman and Chief Executive Officer of MWH Global commented that, as a combined firm, Bitwater Services Ltd and MWH will provide a broader range of skills to address the creation, management and optimization of existing wet infrastructure assets. This is especially relevant recognizing changing, and sometimes conflicting, demands of energy, infrastructure rehabilitation, refurbishment, efficiency and carbon reduction, said Uhler.

The acquisition of Bitwater Services Ltd has enhanced MWH’s ability to service the full asset life cycle of its clients from feasibility through commissioning and operation, he added. Commenting on the investment though, Larry Magor, Biwater Holdings Chief Executive Officer of commented that following Biwater Holding’s decision to refocus the business on its core international capabilities, Bitwater Holdings is pleased to have been able to find a strong partner for Biwater Services in MWH for both Bitwater Holdings’ customers and employees.

Uhler also stated that the combined organization remains fully committed to their existing clients and current AMP 5 contracts. Both organizations have a shared heritage within the U.K. market that dates back over 100 years.  The integration of the two companies will begin immediately, following appropriate regulatory approvals.

MWH Global was advised by Houlihan Lokey and Biwater Holdings was advised by Hawkpoint Partners. The company has 675 employees. MWH, globally driving the wet infrastructure sector, is leading the world in results-oriented management services, technical engineering, construction services and solutions to create a better world.

The wet infrastructure sector encompasses a full range of water related projects and programs from water supply, treatment and storage, dams, water management for the natural resources industry and coastal restoration to renewable power and environmental services.

Biwater Holdings Limited designs and constructs water and wastewater treatment facilities and leisure facilities as well as provides related consultancy services in over 90 countries including in Africa, the Americas, the Asia Pacific, Europe, and the Middle East.

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