GE’s Water Business to Acquire Netherlands-Based IMT Solutions; Expands Ultrafiltration Membrane Water Treatment Offerings
OREANDA-NEWS. October 07, 2015. GE (NYSE: GE) today announced that it has agreed to acquire IMT Solutions, a private Netherlands-based manufacturer of ultrafiltration and microfiltration membranes for water treatment.
With IMT’s ultrafiltration membrane technology, GE will be expanding and complementing its existing ZeeWeed* advanced ultrafiltration hollow-fiber membrane portfolio. IMT’s products, including its SevenBore® ultrafiltration membranes, are suitable for high-pressure applications and are ideal for use in upstream offshore oil and gas operations.
The acquisition of IMT will enhance GE’s water treatment product offerings and further GE’s commitment to excellence in water treatment. GE will use its global reach, as well as commercial and execution capability, to take IMT’s membrane technology, integrate it with its own and proliferate it across the world.
“Over the past 20 years, the ZeeWeed family has grown and evolved to become the vast, industry leading ultrafiltration membrane portfolio it is today. GE is committed to continued technology advancements and growth in water reuse, wastewater and tough-to-treat water technologies. The acquisition of IMT Solutions and its polyethersulphone membranes will complement our current offerings and offers terrific opportunities for further growth,” said Heiner Markhoff, president and CEO—water and process technologies for GE Power & Water.
Ultrafiltration membranes are utilized for drinking water, wastewater, tertiary and water reuse applications as well as industrial feedwater and reverse osmosis pretreatment. The technology is operational in thousands of municipal, industrial and commercial applications worldwide. GE ZeeWeed 500D membranes are used for tough-to-treat and high solids applications; GE ZeeWeed 1000 membranes are for large plants and retrofit opportunities; and GE ZeeWeed 1500 membranes are used in small- to medium-sized plants.
“GE and IMT Solutions share a commitment to purifying water and reusing water through the use of membranes. Our technologies have great synergy and together will be able to reach a broader market,” said Nico Marsman, general manager, IMT Solutions.
GE Power & Water’s water and process technologies business is a leading global supplier of water treatment, wastewater treatment, water reuse and process systems solutions along with water treatment chemicals and process chemicals. The company provides proven technologies and solutions for water treatment and reuse and continues to invest heavily to enhance current products and to develop new, even more advanced technologies. GE supplies products and services that are used to optimize total water/process system performance, safeguard customer assets from corrosion, fouling and scaling and protect the environment through water and energy conservation. GE also offers a diverse selection of technologies for the global water treatment industry ranging from desalination to cooling water solutions, mobile water to petrochemical solutions and water recovery to boiler water solutions.
About IMT Solutions
IMT Solutions is a developer and producer of polyethersulphone hollow-fiber membranes, both ultrafiltration and micofiltration. The production facilities are located in Zeewolde, the Netherlands. The products are being offered worldwide to original equipment manufacturers, system builders and users. The flagship product is a revolutionary ultrafiltration membrane called SevenBore, incorporating seven capillaries into a single fiber. Products are being used in water treatment installations as well as point-of-use and point-of-entry solutions. Also the membrane offers significant benefits in many other areas such as in the beverage industry.