GLV Inc. has acquired the intellectual property and patents for innovative sludge treatment technology from Elcotech Technologies, enhancing its capacity to provide sustainable wastewater management solutions.
Information on the Target
GLV Inc. has successfully secured the intellectual property rights and patents for advanced sludge treatment technology from Elcotech Technologies Inc., based in Boucherville, Quebec, Canada. This acquisition focuses on a novel addition to SLV's existing capabilities in water treatment, specifically tailored for the municipal and pulp and paper industries.
Elcotech's innovative technology aims to significantly diminish the volume of wastewater sludge by utilizing a process known as 'electro-osmosis.' This method effectively separates water molecules from biosolids, achieving a remarkable reduction in residual material volume while consuming minimal energy. Such advancements in sludge treatment offer the potential to transform the way industrial and municipal facilities manage wastewater.
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Industry Overview in Canada
The wastewater treatment sector in Canada is a critical component of the public health infrastructure, with municipalities increasingly focusing on efficient waste management solutions.
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GLV Inc
invested in
Elcotech Technologies Inc
in 2023
in a Other deal