June 30, 2014
Sale of Monsal Holdings Limited to General Electric (NYSE:GE)
Monsal provides advanced technology to treat biosolids and biowaste, and convert it into renewable energy and saleable byproducts. The Company has particular expertise in optimising anaerobic digestion assets to create strategic renewable energy centres for the water and waste markets.
GE provides innovative technological solutions for the finance, medical, energy and aviation industries across the US and Europe. The deal sees Monsal become part of GE’s Power and Water division, a leading global supplier of water treatment, wastewater treatment, water reuse and process systems solutions, along with water treatment chemicals and process chemicals.
The deal will reinforce GE’s position as a leader in the municipal and industrial wastewater treatment market, enhancing GE’s product offerings and furthering its commitment to energy reduction in wastewater treatment.