Dutch company Vam WaterTech, specialising in water purification and recycling for the food industry, has been acquired by its managing director, Hans Blaak. The deal was backed by Luxembourg-based environmental private equity firm Oraxys, as well as one of France's leading private equity firms Swen Capital Partners.

Founded in 1995 by Eduard van Antwerpen in Zeeland, the Netherlands, Vam WaterTech is now a leading developer of modular water purification and recycling systems. These solutions, which are particularly well suited to the needs of food processors, packers and distributors, enable a significant reduction in drinking water consumption, particularly for washing and rinsing vegetables. The efficiency, reliability and ease of use of these systems mean that water savings of up to 95% can be achieved in closed circuits.

With this investment, Oraxys and Swen Capital Partners aim to strengthen Vam WaterTech's presence in Europe, North America and Asia, while developing new purification solutions adapted to other varieties of fruit and vegetables.

"We would like to thank Hans Blaak and the entire Vam WaterTech operational team for their confidence. We were immediately convinced by the team's strong expertise and look forward to working together to increase international growth," said Oraxys industrial team partner Mimi Lamote.

This transaction marks the fifth investment by the Oraxys Environment 2 fund, which is now approaching the half-way point of its investment programme.

This article was originally published in French.