BDA advises Doosan on sale of Enpure to SKion Water

BDA Partners is pleased to announce that its client, Doosan Enerbility (“Doosan”), has sold the assets of UK-based Doosan Enpure (“Enpure”) to SKion Water, the German-based family office of entrepreneur Suzanne Klatten, whose family built BMW and Altana. SKion Water focuses exclusively on acquiring companies in the water and wastewater space.

Enpure is a global leader in water technologies and engineering & procurement services, catering to water treatment, water desalination, sludge treatment, waste-to-energy and other sectors. The business has over 400 reference projects including the world’s largest DAF pre-treatment desalination plant and the UK’s largest anaerobic digestion facility, holding the No.1 spot in global market share in water pre-treatment, since 2010.

BDA was the exclusive financial advisor to Doosan on the transaction.

Howard Lee, Partner and Head of BDA Seoul, said: “We’re pleased to have again supported our long-standing client Doosan on the sale of another non-core business. This transaction marks our fourth transaction with Doosan in 12 months. This is a testament to our commitment, and the trust we receive from our clients. It’s also another example of our growing expertise in advising sustainability-orientated companies.”

Jonathan Aiken, Managing Director, Head of BDA London, added: “Enpure’s divestment underlines continued investor appetite for technology and engineering solutions that deliver clean water, supporting sustainability objectives. It reflects an accelerating trend in non-core, cross-border corporate divestments. BDA is well placed to advise clients on both trends.”