Ovivo Inc., a global provider of water and wastewater treatment equipment, technologies and systems, has acquired E2metrix Inc., a Sherbrooke, Quebec-based technology company which specializes in innovative and clean electro-technologies that are particularly effective to destroy perfluoroalkyl and polyfluoroalkyl substances (PFAS), commonly called the forever chemicals, and other emerging contaminants present in water and wastewater.
Since December 2021, Ovivo and E2metrix have been exclusively collaborating to develop an onsite commercially viable treatment system to remove and destroy PFAS present in municipal drinking water and other wastewaters utilizing E2metrix’ electrochemical oxidation technology at the heart of the integrated solution. The objective of this solution is to permanently safeguard public health and provide a viable onsite PFAS destruction option to our customers.
In 2022, in conjunction with this exclusive collaboration, Ovivo made a strategic investment and took an equity participation in E2metrix to strengthen the partnership and accelerate the commercial development of the integrated solution.
“Following a very successful partnership with E2metrix, acquiring the remaining shares of the company became a key strategic objective for us in order to accelerate the development and commercialization of an integrated solution to destroy PFAS in water and wastewater, and to help our clients comply with the U.S. Environmental Protection Agency’s proposed PFAS regulatory limits which will protect public health in our drinking water and in our environment for generations,” said Pierre-Marc Sarrazin, vice president of corporate finance and development with Ovivo.
“We are grateful to have found the ideal partner in Ovivo, a company that shares our vision, culture, and passion for making a positive impact in the world of water. Ovivo’s unique approach and entrepreneurial values were a perfect fit for the next chapter of E2metrix, preserving its legacy while propelling its growth in the future,” said Mohamed Laaroussi, founder and former chief executive officer of E2metrix. “I am especially enthusiastic that this partnership will enable us to continue our operations in Sherbrooke, Quebec, a city that has been our home and our inspiration for many years. We are proud to continue being part of the Quebec’s innovation ecosystem and we look forward to contributing to its success and prosperity,”
Headquartered in Montréal, Quebec, Ovivo operates an integrated global platform in 18 countries and employs more than 1,400 worldwide experts in water treatment. Ovivo is owned by German SKion Water GmbH, a global technology and solution provider as well as plant manufacturer, in both municipal and industrial water and wastewater technology.
Featured image credit: Unsplash/Luis Tosta
