H2O Innovation Wins Water Company of the Year Award at the 2020 Global Water Awards
October 08 2020 - 7:00AM
(TSXV: HEO) – H2O Innovation Inc. (“H2O Innovation” or the
“Corporation”) is pleased to announce it has won the Water Company
of the Year award at the 2020 Global Water Awards. This is the
highest honor in the international water treatment industry and the
first time a Canadian company has received this award. The winners
are announced weekly through the Global Water Intelligence (GWI)
newsletter. The Corporation was nominated with Culligan, Essential
Utilities, Inc. and Kurita Water Industries, three (3) big players
in the water industry: https://vimeo.com/465092214.
This award was presented to the Corporation for
the success of its activities during 2019. It has, among other
things, recorded record revenues, made its largest acquisition to
date, and commissioned its largest membrane bioreactor plant
(Decatur, AK), also being the first of its type ever installed in
Arkansas. H2O Innovation’s tailored M&A strategy reached new
heights in 2019 with the acquisition of Genesys - its largest
transaction to date. This transaction means the Corporation now has
one of the largest specialty chemicals distribution networks in the
world, marking a turning point in the team's ability to provide a
broad range of chemical solutions. Ultimately, 2019 was the year
Piedmont really showed the global seawater desalination market what
it is capable of. The culmination of a long list of successful
contracts was the supply of cartridge filter housings for the
900,000 m3/d Taweelah plant in the United Arab Emirates -
which will become the largest membrane desalination plant in the
world. “The genius of H2O Innovation’s dynamic leadership team has
been to encourage the three pillars of the business to work in
harmony to deliver a uniquely tailored value proposition. No
company, large or small, did more last year to earn the respect of
its competitors and its clients”, stated
Tom Scotney,
Editor of GWI.
“We could not be prouder to have won this
prestigious award, especially as H2O Innovation is celebrating its
20th anniversary this year! This recognition is a vote of
confidence not only from the jury of the GWI, but also from the
whole industry. It is like receiving the Best Picture award at the
Oscars. Over the years, we have been able to meet many challenges,
face the unpredictable adversity of the global pandemic, build a
remarkable team and continue to serve a growing clientele in
Canada, the United States and internationally through a network
passionate, competent and loyal distributors. All our efforts have
resulted in H2O Innovation being recognized today as a leading
player in the international water treatment industry! It is
difficult to predict the future, but the last years have shown how
our tenacity and ability to adapt to change can influence our
journey and foster the emergence of a unique water treatment
company combining membrane filtration technologies, specialty
products and amazing customer care. It is on these bases that H2O
Innovation looks with confidence to the next twenty years. Our team
is ready to take on new challenges, continue to adapt to the needs
of our customers and reinvent this exciting, essential and growing
water treatment industry”, added Frédéric
Dugré, President and CEO of H2O
Innovation.
About Global Water
IntelligenceGlobal Water Intelligence is the leading
publisher and events organizer serving the international water
industry. Over the last 15 years we have built our business around
being a trusted interface between our clients and their markets,
providing our customers with high-level intelligence that enables
them to make the most informed strategic decisions for their
business. For more information, visit www.globalwaterintel.com.
About
H2O Innovation H2O
Innovation designs and provides state-of-the-art, custom-built and
integrated water treatment solutions based on membrane filtration
technology for municipal, industrial, energy and natural resources
end-users. The Corporation’s activities rely on three pillars which
are i) water technologies and services; ii) specialty products,
including a complete line of specialty chemicals, consumables and
specialized products for the water treatment industry; and iii)
operation and maintenance services for water and wastewater
treatment systems. For more information, visit
www.h2oinnovation.com.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) nor the NYSE Euronext Growth Paris accepts
responsibility for the adequacy or accuracy of this release.
Source: H2O Innovation Inc.
www.h2oinnovation.comContact: Marc
Blanchet+1 418-688-0170 marc.blanchet@h2oinnovation.com
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