Grundfos and De Nora announced that the parties have signed an agreement for De Nora to acquire 100% of the shares of ISIA S.p.A., including the intellectual property on chlorine dioxide generator technology.
As part of the agreement, De Nora will also take over the competencies of ISIA’s highly experienced team of specialists, according to the press release.
The transaction is expected to close within a short time.
The acquisition represents a key opportunity for De Nora to leverage ISIA expertise to strengthen a technology portfolio that includes gas feed, instrumentation, chlorine and on-site sodium hypochlorite generation, ozone and chlorine dioxide. The patented submerged reactor design and process control expertise from ISIA will complement the De Nora’s Capital Controls chlorine dioxide generation product line.
ISIA brings skilled experience in industrial plant process control and automation and a powerful chlorine dioxide technology for water treatment. Since 2000, ISIA has perfected a rich experience in design, realization, start-up and field assistance of industrial plants process control and automation. ISIA will be progressively integrated into the De Nora Water Technologies platform and together they will expand chlorine dioxide market opportunities for drinking water, desalination, power and industrial cooling water applications.
Until and after transaction closing, ISIA will continue to maintain normal operations towards customers and suppliers. In case of questions or concerns, please reach out directly to your normal business contacts.
