MODERN WATER BUYS COGENT ENVIRONMENTAL
Posted: Tuesday 8th March 2011
Modern Water, the owner of leading water technologies focused on addressing the scarcity of fresh water, the treatment of wastewater, and monitoring of water quality announces the purchase of Cogent Environmental.
Cogent Environmental is a global provider of state-of-the-art environmental and process monitoring products, technologies and services. The provision of accurate and timely information concerning potentially harmful materials, enables Cogent Environmental customers to effectively control process and protect people, assets and the environment. Compliance with the highest levels of environmental regulation is achieved whilst improving business productivity and performance.
Cogent's online and on-site portable products, OVA and PDV, are used for monitoring heavy metals in over 20 countries. Key applications include:
Monitoring wastewater discharges to reduce environmental impact and reduce the risks of prosecution by exceeding consent limits
Monitoring river water to immediately identify sources of heavy metal pollution
Monitoring drinking water to protect from potential metal contamination
Improving process control through real time feedback in mining and metal processing industries
The acquisition represents an important strategic step for Modern Water's existing water monitoring business, Cymtox, and significantly increases the company's offering in this developing market segment. As a result, Modern Water has established a new dedicated division, MW Monitoring, to consolidate activities in the instrumentation and monitoring industry. Cymtox has already enjoyed initial order flow from China and new sales have recently been achieved.
MW Monitoring will have access to additional manufacturing capability and established routes to market. The new division will consolidate and enhance the Group's resources and expertise in the growing market for environmental monitoring and protection. It demonstrates Modern Water's continuing commitment to bringing new technology to the water industry.
