logo
logo

Axius Water completes acquisition of MITA Water Technologies to enhance wastewater treatment solutions

Sep 05, 2024•11 months ago

Acquiring Company

Axius Water

Acquired Company

MITA Water Technologies

PocassetSizianoWaste ManagementWaterWater PurificationManufacturing

Description

Axius Water, a leading provider of nutrient management solutions for municipal and industrial wastewater treatment facilities, has announced the acquisition of MITA Water Technologies, a leading supplier of wastewater filtration systems based in Siziano, Italy. This strategic move broadens Axius' reach further into Europe and enhances its portfolio of wastewater treatment solutions.

Company Information

Company

Axius Water

Location

Pocasset, Massachusetts, United States

About

Axius Water is a leading provider of nutrient management solutions for municipal and industrial wastewater treatment facilities. It was founded in 2019 by KKR’s Global Impact Fund, in partnership with XPV Water Partners. Axius’ differentiated products and services improve the effectiveness of the water and wastewater treatment process, thereby measurably improving the quality of treated water. The platform is expanding globally as it builds a diversified portfolio of operating companies that offer leading solutions that improve the overall wastewater management processes.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed