KUALA LUMPUR (Sept 22): Boston headquartered end-to-end water solutions provider Gradiant Corporation is acquiring Malaysia-based Sigma Water Engineering (M) Sdn Bhd.
In a statement today, Gradiant said the acquisition represents its first physical expansion into Malaysia, and is aimed at boosting Gradiant's ability to support a growing presence in key Asian markets such as Singapore, Vietnam, Malaysia, and Indonesia.
It said Sigma Water's established relationships with major brands ABInBev, Coca Cola, Shell, and Schlumberger will enhance Gradiant's reach and experience throughout the region, allowing them to provide sustainable and cost-effective water treatment solutions to the Southeast Asian water market.
Selangor-based Sigma Water Engineering, which serves as the Middle East and Asia regional headquarters for its parent company, Sigma Water Canada Inc of Canada, is an industrial water and waste water treatment company with success in delivering industrial water treatment systems in food and beverage, oil and gas, glove manufacturing, and other various water intensive industries
Gradiant co-founder and COO Prakash Govindan said the acquisition solidified the firm as the premier choice for complex wastewater treatment in the Southeast Asian water market.
He said Sigma Water has the experience, manufacturing scale, and reputable network, bolstering Gradiant’s presence throughout the region and improving upon its customer offerings.
“Our collective approach will increase freshwater recovery, reduce harmful wastewater volumes to Zero or Minimum Liquid Discharge (ZLD/MLD), improve asset performance and improve overall lifecycle costs for our customers.
“This means better for our environment and better for our customers — a true win-win,” he said.
Meanwhile, Sigma Water founder and managing director Swaminathan Tanjore said the company is excited to work together with Gradiant and deliver their award-winning water technology portfolio to customers.
“We can’t wait to see the impact it will have here,” he said.