BK Giulini GmbH, a subsidiary of ICL Performance Products (ICL-PP) recently announced that its BKG Water Solutions division has acquired Tiami Vattenkemi AB., one of Scandinavia's largest water treatment companies.
Tiami, a Swedish-owned, privately-held company founded in 1991, is based in Göteborg, Sweden and provides a comprehensive array of industrial water treatment solutions, including chemicals, equipment and services. The company also develops environmentally-friendly water treatment solutions.
Tiami's personnel, products and knowledge base will be integrated into BKG-Water Solutions, where they will complement BKG Water Solution's existing water treatment business and strengthen its water treatment offerings in the Nordic region.
Commenting on the acquisition, Eli Glazer General Manager of BK Giulini, said, "We are pleased to welcome TIAMI to the BKG family and look forward to integrating Tiami's products and technologies into our existing water treatment business. We intend to leverage Tiami's unique product range, strong distribution network and excellent service capabilities to boost our presence in Scandinavian countries."
Charles Weidhas, CEO of ICL Performance Products added, "BKG Water Solution's purchase of Tiami is in line with our strategic focus to expand ICL's offering of innovative water solutions and services for the industrial water treatment sector, a rapidly-developing market that has been building momentum over the last several years. The acquisition of Tiami will position ICL as a leader in the water treatment industry in Northern Europe."
BKG Water Solutions is a division of BK Giulini GmbH, an ICL Performance Products company, which benefits from a long tradition of chemical specialties.