Oldcastle Infrastructure has acquired Hydro International from funds advised by Agilitas Private Equity. Financial terms were not disclosed.
Headquartered in Clevedon, U.K., Hydro provides stormwater products, wastewater treatment products, wastewater services and data solutions in North America and Europe. The company works directly with municipal, commercial and industrial customers to improve the way water is processed, treated and managed.
Oldcastle Infrastructure said the strategic acquisition of Hydro enhances its water treatment solutions offering and moves the company closer to becoming a major provider of solutions in the circular water economy. Factors including increased water regulation, aging infrastructure and increased government funding are paving the way for the company to address the critical water treatment and management needs of global communities.
“We are continually looking for ways to create value for our customers through innovation an