Israel Chemicals acquires water treatment firm, Tiami Vattenkemi

Israel Chemicals acquires water treatment firm, Tiami Vattenkemi

4:17 AM, 17th April 2012
Israel Chemicals acquires water treatment firm, Tiami Vattenkemi

TEL AVIV, ISRAEL: BKG Water Solutions division of BK Giulini GmbH, a subsidiary of Israel Chemicals, has bought Tiami Vattenkemi, one of Scandinavia’s largest water treatment companies, to boost its presence in northern Europe. Financial details were not disclosed. According to Charles Weidhas, CEO, Performance Products division, ICL, the purchase was in line with the company’s strategy to expand its offering for the industrial water treatment sector, a rapidly developing market that has been building momentum over the last few years. The acquisition of Tiami will position ICL as a leader in the water treatment industry in northern Europe.

© Reuters News

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