Gradiant, a global solutions provider for advanced water and wastewater treatment, announced it has acquired Muscat Projects & Engineering Services (MPES), one of the leading full-service water and wastewater management company in Oman. This announcement follows Gradiant’s acquisition of Advanced Watertek in February, a major original equipment manufacturer (OEM) for membrane-based water and wastewater treatment systems.
What does the acquisition mean for Gradiant?
In response to the region’s most severe drought in 900 years, nations and businesses in the Middle East are rapidly implementing water sustainability targets, building out new water and wastewater treatment capacity, and looking to alternative water supplies to meet demand – creating unprecedented opportunities in the region’s water and wastewater market.
With the acquisition of Muscat Projects & Engineering Services (MPES), Gradiant expands its full-service capabilities in the region, including deployment of the SmartOps plant performance optimization and asset management tech through Operations & Maintenance (O&M) suites.
“Gradiant excels at project delivery. We offer various business models, including design-build and design-build-operate (DBO), to meet our clients’ needs. With DBO projects, we transfer the responsibility of multiple parties to a single entity, Gradiant, which promotes innovation and efficiency, leading to lower total water costs,” said Prakash Govindan, COO of Gradiant.
“The acquisitions of MPES and Advanced Watertek create an integrated platform for Gradiant to deliver best-in-class offerings into the Middle East. We will extend MPES’s core expertise and resources in O&M services to Gradiant’s existing and new facilities in the region, diversifying our revenue mix to a long-term recurring profile,” Prakash Govindan said.
What does the acquisition mean for MPES?
Founded in 2008, MPES delivers turnkey solutions for wastewater and solid waste management and specializes in the O&M of water and wastewater treatment plants. The company is now one of Oman’s leading wastewater management companies, with key clients including Haya Water, the Ministry of Defense, and Petroleum Development Oman.
“We look forward to integrating our expertise with Gradiant to expand the impact of our water and wastewater solutions. We are fortunate that today, we are the leading O&M service provider in Oman, and by joining Gradiant, we will extend our operations know-how into projects across the region,” said E.M. Badhrudeen, Managing Director of MPES.
Through its expanding portfolio, Gradiant is bringing together top water treatment solutions with the power of AI to sustainably solve the world’s most important water challenges.