Water treatment center (Illustration)
צילום: ראובן סוקר, מקורות
ICL eyes expansion of water treatment activities
Israel Chemicals subsidiary BKG Water Solutions inks acquisition of Scandinavian water treatment company TIAMI
Israel Chemicals is seeking to expand its overseas water management ventures.
BK Giulini GmbH, a subsidiary of ICL Performance Products (ICL-PP) announced that its BKG Water Solutions division has finalized the acquisition of TIAMI VATTENKEMI AB, one of Scandinavia’s largest water treatment companies.
The move has been described by ICL as a measure meant to strengthens its strategic position in northern Europe and the Nordic market.
TIAMI is based in Göteborg, Sweden and according to an ICL press release, it provides "a comprehensive array of industrial water treatment solutions, including chemicals, equipment and services.
"The company also develops environmentally-friendly water treatment solutions."
Eli Glazer, BK Giulini's General Manager said that "We are pleased to welcome TIAMI to the BKG family and look forward to integrating its products and technologies into our existing water treatment business.
"We intend to leverage TIAMI’s unique product range, strong distribution network and excellent service capabilities to boost our presence in Scandinavian countries."
Charles Weidhas, CEO of ICL Performance Products added that, "BKG Water Solution’s purchase of TIAMI is in line with our strategic focus to expand ICL's offering of innovative water solutions and services for the industrial water treatment sector.
"The acquisition of TIAMI will position ICL as a leader in the water treatment industry in Northern Europe."
Israel Chemicals is one of the world's leading fertilizer and specialty chemicals producers, as well as one of the world's largest suppliers of phosphate products, including pure phosphoric acid.
