Key Takeaways
- Aquatech has acquired UAE-headquartered Metito Chemical Solutions, now renamed Metichem, an Aquatech company.
- The deal combines specialty water chemicals and operations and maintenance expertise across the Middle East, North Africa and Southeast Asia.
- Both firms have delivered projects in the UAE, Saudi Arabia and Indonesia, giving the combined business deeper regional coverage.
- The acquisition closed as Aquatech marks its 45th anniversary, with more than 300 employees across three continents.
- Existing contracts, service agreements and customer contacts remain unchanged.
Aquatech has acquired Metito Chemical Solutions, a UAE-based specialty water chemicals and services provider, in a move that widens its footprint across the Middle East, North Africa and Southeast Asia. The business will operate as Metichem, an Aquatech company.
What the Aquatech Acquisition Adds
The combination pairs Aquatech’s global project record with Metichem’s regional operations, spanning treatment technologies, specialty chemicals, operations and maintenance services, and digital tools. Both companies have executed projects in the UAE, the Kingdom of Saudi Arabia and Indonesia, and the enlarged group aims to offer customers a broader set of water lifecycle solutions.
A Deal Rooted in Regional Water Demand
Water scarcity and industrial growth across MENA and Southeast Asia continue to drive demand for treatment chemicals and plant services. The two businesses said existing contracts, service agreements and points of contact will stay in place, and customers should keep working with their current representatives.
Leadership Comments on the Aquatech Tie-Up
“Metichem has built a strong business through its commitment to customers and operational excellence,” said Andrew Parke, EVP Services at Aquatech. “We have tremendous respect for what they have achieved, and we are excited to begin this next chapter together.”
“This partnership brings together two organizations with shared values, complementary strengths, and a common commitment to serving our customers,” said Devesh Sharma, CEO at Aquatech. “We look forward to learning from one another, growing together, and delivering even greater value to our clients around the world.”
“Together, we are building a strong foundation for the future, and I look forward to embracing that future as one team,” said Mike Abla, Managing Director at Metichem. The close coincides with Aquatech’s 45th anniversary year.
