17 Sep AQUAPORIN ACQUIRES SUBSIDIARY IN ASIA
AQUAPORIN ACQUIRES SUBSIDIARY IN ASIA
Aquaporin expands by acquiring 100% of the share capital of Aquaporin Asia Pte. Ltd. – subsidiary of the Aquaporin Group based in Singapore.
Aquaporin Asia Pte Ltd. was founded in 2011 by Aquaporin A/S, DHI Water & Environment, Singapore and Nanyang Technological University – NTUitive asshareholders.
Peter Holme Jensen, CEO of Aquaporin comments: “The full ownership of Aquaporin Asia is yet another important and great milestone in the global commercialization of the Aquaporin Inside® technology. We are busy taking our products to market and a simplified structure with a strong commercialization hub in Singapore helps us achieve this goal.”
Apart from sales and business development for the region, Aquaporin Asia also has key R&D functions for the group, including membrane pilot production. Due to a clear focus in support from the Singapore Government, the country is the center for the water business in Asia and a key location for the Aquaporin Group.
The Aquaporin Inside® technology is based on nature’s own 100% selective and extremely effective water channel. The aquaporin protein is found in all living cells and only let water pass. The Aquaporin Inside® technology replicate nature’s own way of filtering water by incorporating aquaporin proteins into our membranes, resulting in commercial products just as selective and effective as in nature.
If you wish to learn more about Aquaporin or are interested in testing the Aquaporin Inside® membranes, please contact:
CEO, Peter Holme Jensen, Aquaporin A/S, Nymøllevej 78, 2800 Kgs. Lyngby, Denmark. Website: www.aquaporin.com Phone: +4582303082