ID
× COMMENTARYCOVER STORYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More
Chemical Engineering MagazineCO2-to-methanol
Researchers from Penn State University (State College, Pa.; www.psu.edu) and…
Chemical Engineering MagazineChementator Briefs
Bio-isoprene Yokohama Rubber Co. (Tokyo, Japan; www.yokohama.com) has developed what…
BUSINESS NEWSTECHNICAL & PRACTICALFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILEENGINEERING PRACTICEENVIRONMENTAL MANAGEREQUIPMENT & SERVICESFOCUSNEW PRODUCTS + Show More SHOW PREVIEWS

Comment

Sulzer expands wastewater-treatment portfolio with acquisition of JWC environmental

By Mary Page Bailey |

wastewater treatment

Equipment from JWC Environmental LLC

Sulzer Ltd. (Winterhur, Switzerland; www.sulzer.com) announces that it has completed the acquisition of JWC Environmental, LLC. JWC is a leading provider of highly engineered, mission-critical solids reduction and removal products such as grinders, screens and dissolved air flotation system for municipal, industrial and commercial wastewater applications.

The transaction also allows Sulzer to improve its access to the municipal and industrial wastewater market in North America. Furthermore, Sulzer intends to strongly pursue and support JWC’s geographic expansion into markets in EMEA and Asia. Significant sales synergies are expected through growth in JWC’s markets outside North America. JWC will operate as part of Sulzer’s Pumps Equipment division.

The enterprise value of $215 million (CHF $212 million) adjusted for an acquired tax asset corresponds to a multiple of approximately 10x 2018 earnings before interest, taxes, depreciation, and amortization (EBITDA). JWC is headquartered in Santa Ana, California, US, and employs around 230 people.

Related Content

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
Simplify sensor handling and maintenance with ISM
Three reasons to measure pH in-line
ABB Ability™ technology to transform BASF rotating equipment into intelligent machinery and improve uptime and reliability
Detect and correct anomalies early in your batch processes
ABB at ACHEMA 2018

View More

Live chat by BoldChat