Rochem acquires Nagpur-based Reva Enviro

9th Jun 2009
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Mumbai-based Rochem Separation Systems (I) Pvt Ltd (RSSIPL) through

its group company Concord Enviro Systems Pvt Ltd (CESPL) has acquired

100% equity of Nagpur-based Reva Enviro Systems Private Limited

(RESPL). The latter is a provider of comprehensive environmental

engineering solutions by providing systems that help treat industrial

and municipal effluent to extract energy rich gas. Among leading

mid-market investment banking firms in India o3 Capital was the

advisor to this deal.

Commenting on the acquisition of Reva Enviro, Prayas Goel, director,

Rochem Separation Systems, said, "Reva Enviro has developed efficient

designs for anaerobic and aerobic digestors and Rochem has cutting

edge membrane technology. The two can be synergised to develop product

offerings that could be path-breaking in segments such as sewage

treatment. We expect to grow Reva Enviro’s business internationally by

leveraging our well-established sales and support team in

international markets."

Reva's key areas of operations include sewage treatment systems, water

treatment for extraction of energy rich gas in industrial units,

design of water supply and distribution systems. Apart from India,

Reva has executed projects in Turkey, Tanzania and Nigeria in the

past. Pursuing an active growth strategy the acquisition of Reva

Enviro, according to Goel, is very much part of it.

Rochem along with its group companies has been involved in the

business of development, manufacturing and installation of waste water

treatment and reuse systems for more than 15 years. It has installed

over 350 waste water treatment and recycle plants in India, Vietnam,

Jordon, Philippines, Italy, Mexico, Australia, New Zealand and Sri

Lanka based on its patented membrane based separation technology. Its

key customer segments includes the defence forces – the army, navy and

the coast guards to which it provides on-board and off shore

desalination solutions and concentrated effluent generating industries

such as distilleries, tanneries, pharmaceuticals, textiles, chemicals,

pulp and paper industry to which it provides effluent treatment and

recycle solution.

Over the last five years, RSSIPL has developed unique membrane

products through its own research and development and has patented

membrane applications which promise to be key revenue drivers in the

years to come. It has successfully targeted newer industry segments by

offering products developed through its in-house research and

development initiative. Among its clientele include names like the AB

Mauri, Biocon, Cipla, Indian Navy, Jose Cuervo (Mexico), Jubilant

Organsys, Lesaffre, Lupin, Morarjee Mills, ONGC, Radico, Raymonds, Sri

Lankan Navy, United Breweries.

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