Monday, 19 December 2016

HITACHI ZOSEN TO ACQUIRE OSMOFLO HOLDINGS

OSAKA, Japan, Dec 19 (Bernama-BUSINESS WIRE) -- Hitachi Zosen Corporation (TOKYO:7004) has announced that it entered into a share sale and purchase agreement to acquire the majority of shares in Osmoflo Holdings Pty Ltd, a leading engineering company for desalination and industrial water treatment utilizing membrane technology such as reverse osmosis. Subject to the completion of procedures, Osmoflo will become a subsidiary of Hitachi Zosen.


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