GE invests in European water market

GE Energy Financial Services is entering the European water market and expanding into industrial water treatment by buying a majority of the assets of Idex AQUASERVICES in
GE Energy Financial Services is acquiring a 95 percent stake, including debt obligations, from Idex AQUASERVICES - a developer, owner and operator of facilities that purify water for the food, beverage and cosmetics industries.
The investment is the first for GE Energy Financial Services’ water team outside the
Idex AQUASERVICES, a Boulogne-based subsidiary of IDEX Groupe, owns and operates contracted, integrated groundwater extraction and treatment plants for the dairy, meat, poultry, soft drinks, food processing, canned food and cosmetics industries.
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