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Lünen Germany/Mumbai India. Following final negotiations in April 2009, the German water management company REMONDIS Aqua International GmbH has launched REMONDIS Aqua (India) Private Ltd., a 100% subsidiary, based in Pune, an industrial centre of 4 million people in the Indian federal state of Maharashtra, about 200 km east of Mumbai.
The company successfully entered the expanding Indian water market through the acquisition of Shrushti Consultants, a local company which has long since been successful in providing and operating water supply and treatment plants for the Indian industry. As part of the acquisition of Shrushti, REMONDIS not only takes on the 100 employees but also 11 existing management contracts for water treatment plants in the Maharashtra region of which 9 are for well-known industrial clients and 2 for municipal water supply, waste water collection and disposal.
The Indian REMONDIS subsidiary appointed Dr. Lars Meierling and Dennis Pulimittathu as managing directors. They are joined by the former Shrushti director Mukund Dhadge.
Dennis Pulimittathu emphasises the new subsidiary's importance for REMONDIS Aqua's further strategic growth: "With the launch of REMONDIS Aqua India we have created a solid basis for further expansion in one of the fastest growing regions in the world. The dynamics of the Indian market promises outstanding opportunities in the future, particularly in the industrial water supply and waste water treatment sector. Due to the ever growing gap between demand and supply of water, the Indian water sector is set to witness a phenomenal growth in the future. India clearly is a booming industrial market. In the long term, it may even be possible to expand the business to include waste management."
Since its foundation in 1934, REMONDIS AG & Co. KG has grown to become one of the leading international water and waste management companies, based on the solid fundament of a traditional family-run enterprise. The group operates about 500 subsidiaries and associated companies in 20 European countries as well as China, Japan, Taiwan and Australia. REMONDIS provides professional services to more than 20 million people and thousands of companies worldwide.
REMONDIS Aqua GmbH & Co. KG is the leading German provider of contracting solutions for industrial water management and has realised numerous industrial projects with partners such as MAN, BASF, Henkel, AkzoNobel, GEA, Saxonia and Deutsche Nickel. In recent times REMONDIS Aqua has achieved considerable international growth with waste water projects in Spain, Poland and Turkey.
Further information is available from:
REMONDIS SE & Co. KG
Marketing & Corporate Communication
T +49 2306 106-515