RWL Water Group Announces the Formation of MAIVEO S.A.S.

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RWL Water expands its reach to provide water and wastewater solutions worldwide through strategic partnerships.

RWL Water Eurotec WTT provides water, wastewater waste-to-energy solutions globally.

Example of an anaerobic digester and final clarifier for a chicken slaughterhouse in Verona, Italy

RWL Water Group, the New York based global water solutions provider, is pleased to announce the formation of a new water treatment subsidiary based in France by Eurotec WTT, one of the Group’s portfolio companies. Maiveo has its registered office at ANCENIS (44154) – 193 rue de Charost, and is registered with the NANTES Registry of Trade and Companies.

Maiveo will be primarily focused on serving the water and wastewater markets in France. Eurotec’s solutions for water processes, wastewater treatment and the creation of waste-to-energy through anaerobic digestion will be a key focus for Maiveo. Maiveo will also acquire the material designs and installation references of Carbofil, a French based provider of bioreactors, in this transaction.

RWL Water – Eurotec is the primary shareholder of Maiveo, and is joined by key shareholders Tuffigo – Rapidex and Mr. Jean-Grégoire Deroo. Mr. Deroo is the new general manager of Maiveo and can be reached at maiveo(at)maiveo(dot)com and +33 06 72 70 67 44.

Henry Charrabé, President & CEO of RWL Water, stated, “The creation of Maiveo gives us a solid platform to help solve wastewater problems in France with a locally based company. We believe the entire RWL Water Group will benefit from this new division.”

Over the next few months, Eurotec WTT will engage in the process of integrating Maiveo into the Group.

“It is our aim and strong desire to continue providing our customers with the highest level of service during this time. We are excited about this new relationship and look forward to serving the water and wastewater treatment markets in France,” says Maurizio Tiarca, CEO of Eurotec WTT. “This is another step forward in our plan of international expansion, by ensuring our presence in new strategic markets for water and wastewater treatment.”

“We strongly believe that the creation of a new subsidiary by partnering with a French company and directly involving local people is the best strategy to enter the market and ensure the right level of service to our customers,” says Mr. Deroo of Maiveo. “Furthermore, the creation of Maiveo is very timely for the French waste-to-energy market, as the French government is strongly promoting any innovative solution to meet the Kyoto’s “20-20” protocol for sustainable energy.”

About RWL Water Group

RWL Water Group is a water, wastewater and waste-to-energy systems integrator founded by Ronald S. Lauder. RWL Water is a rapidly growing global water treatment business that will meet the world’s increasing need for clean water through the utilization of advanced water purification recycling technologies.

The company has designed plants for clients on all seven continents to help industrial and municipal clients treat their complex wastewater effluents in affordable, energy efficient ways. With more than 4,000 sites installed in over 70 countries around the world, RWL Water has a reputation for superb engineering and fast deployment – all at an affordable price.

The company’s core operations are strategically located in North America, the Middle East and Europe to provide rapid response through our network of sales, service, technical and engineering professionals worldwide.

For more information on RWL Water Group and Eurotec WTT, please visit http://www.RWLwater.com.

ENDS

For further information, or to schedule an interview with an RWL Water executive, please contact Samantha Kelman +1 (212) 572 4350, skelman(at)rwlwater(dot)com

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