KUALA LUMPUR, March 22 (Bernama) -- Gradiant, a global advanced water and wastewater treatment solutions provider, has acquired Muscat Projects & Engineering Services (MPES), a leading full-service water and wastewater management company in Oman.
According to a statement, this announcement follows Gradiant’s acquisition of Advanced Watertek in February, a major original equipment manufacturer (OEM) for membrane-based water and wastewater treatment systems.
In response to the region’s most severe drought in 900 years, nations and businesses in the Middle East are rapidly implementing water sustainability targets, building out new water and wastewater treatment capacity, and looking to alternative water supplies to meet growing demand, creating unprecedented opportunities in the region’s water and wastewater market.
With the acquisition of MPES, Gradiant expands its full-service capabilities in the region, including deployment of the SmartOps plant performance optimistion and asset management technology through Operations & Maintenance (O&M) services.
“The acquisitions of MPES and Advanced Watertek create an integrated platform for Gradiant to deliver best-in-class offerings into the Middle East.
“We will extend MPES's core expertise and resources in O&M services to Gradiant's existing and new facilities in the region, diversifying our revenue mix to a long-term recurring profile,” said Gradiant Chief Operating Officer, Prakash Govindan.
Meanwhile, MPES Managing Director, E.M. Badhrudeen said: “We look forward to integrating our expertise with Gradiant to expand the impact of our water and wastewater solutions. By joining Gradiant, we will extend our operations know-how into projects across the Middle East region.”
Founded in 2008, MPES delivers turnkey solutions for wastewater and solid waste management and specialises in the O&M of water and wastewater treatment plants. Its key clients include Haya Water, the Ministry of Defense and Petroleum Development Oman.
Through its continually expanding portfolio, Gradiant is bringing together industry-leading water treatment solutions with the power of artificial intelligence to sustainably solve the world’s most important water challenges.
-- BERNAMA
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