The Amplio Group (London, U.K.), today announces that it has acquired a majority stake in Puresep Holdings, the UK water purification, filtration and separation company. This acquisition is the first geographic expansion for Amplio Filtration, a subsidiary of Amplio Group, which last year acquired Nasdaq-listed Basin Water Inc. (NASDAQ: BWTR) out of Chapter 11 and subsequently formed Envirogen Technologies, Inc.
With over 300 clients, an experienced team of 15 employees, revenues of £3.7m and a comprehensive range of conventional and leading edge water treatment and process filtration technologies, Puresep gives Amplio Filtration a solid foothold in the large, growing and fragmented UK market. Formed in 2002, Puresep Holdings owns Puresep Water Technologies Ltd. and Puresep Filtration Technologies Ltd.
Puresep Filtration, headquartered in Ledbury, Herefordshire and founded in 2002, has over 300 customers across market sectors including Food and Beverage, Pharmaceuticals, Paper and Chemicals. Customers include blue chip players such as Heinken, Diageo, and Britvic. Included in its state of the art product portfolio, Puresep Filtration has developed a system, called Pureflow Microfiltration, used in beer, wine, cider and water filtration, which offers process flexibility and is efficient and economical at a time when the Beverage industry is experiencing squeezed pricing and ever tighter competition. Puresep Water, headquartered in Louth, Lincolnshire and started in 2004 provides a comprehensive range of innovative and leading edge water treatment technologies from water softening to the production of ultra pure water for critical process applications.
Andrea Davi, Head of Amplio Filtration said:“We are delighted to have made this excellent acquisition for Amplio Group alongside Puresep’s management. The Puresep acquisition combines innovative technologies, an experienced team, a solid and broad customer mix, secure income and a robust platform for growth. We look forward to strengthening and consolidating Puresep’s position in what is one of the most fragmented water markets in the world at a time when demand in the UK is surging as companies have to adhere to ever more strict environmental, economic and regulatory targets.”
Riccardo Segat, CEO and Founder, Amplio Group said:“Amplio Filtration looks forward to building on our successes already achieved in the US by further consolidation and maximising potentially significant cross-selling opportunities between our US and UK water investments to develop a global, integrated water business of scale.”
Vince Payne, Managing Director of Puresep Holdings, commented:“This is a fantastic opportunity for Puresep. We are delighted with the new relationship with Amplio and look forward to building on our already successful product range and customer base. This enables further expansion of our technology and service business model to include all aspects of water and product treatment to ensure we continue to meet the challenges that our customers currently face.
We believe this relationship with Amplio will allow Puresep to continue to innovate and grow as a technology leader and major player in water treatment and process filtration technologies market.”
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