Majority Interest in Aeromix Systems Acquired

RWL announce that it has acquired a majority interest in Aeromix Systems (USA), manufacturer of water and wastewater treatment systems. RWL, a company controlled by Ronald S. Lauder, is focused on creating a global water treatment business that will meet the growing need for clean water through the utilisation of advanced water purification and recycling technologies.

Headquartered in Minneapolis, Minnesota, Aeromix is an established player in the wastewater business with an installed base of more than 2,500 systems in the United States, Central and South America, and the Middle East. Winner of Frost and Sullivan’s Best Practices Award in 2010, Aeromix uses its patented technologies and significant expertise in water aeration and mixing systems to treat wastewater including the use of solar powered units.

Earlier this year, Mr. Lauder acquired the remainder of Nirosoft Industries Ltd. (Nirosoft), an Israelibased water systems integrator. Nirosoft has installed over 500 water purification systems worldwide, including emergency relief mobile water purification equipment for the provision of drinking water after the Maldives tsunami and for Sudanese refugee camps. RWL focuses on small to medium-sized markets where its packaged water purification systems can provide clean water at an affordable price to municipal authorities, industrial companies, and military forces.

Following the completion of the Aeromix transaction, RWL will have, through its portfolio companies, an installed base in excess of 3,000 water systems in more than 60 countries. Based on proprietary engineering and know-how, the fixed and mobile water treatment units utilise state-of-the-art technology and are specifically customised for each client. “Our services are based on the rapid delivery of superbly engineered, highly reliable systems at an affordable price to any customer worldwide,” said Ronald S. Lauder, RWL’s Chairman.