Welcome!

News Feed Item

Emefcy and RWL Water Merge to Create Fluence, a Full-Service Distributed Water Solutions Corporation

Emefcy Group Limited (ASX: EMC) (“Emefcy”) and RWL Water LLC have completed their definitive merger agreement effective July 14, 2017 to form Fluence Corporation Limited (“Fluence”) (ASX: FLC), bringing together breakthrough technologies and proven delivery platforms to optimize treatment solutions for the water cycle for the 21st century. Fluence’s products will address all segments of the water value chain, from desalination to wastewater treatment and waste-to-energy, making it one of the world’s most comprehensive distributed water services firms.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170717005182/en/

Fluence provides local and sustainable treatment and reuse solutions, empowering businesses and communities worldwide to make the most of their water resources. Fluence offers compelling economic advantages with fully functional turnkey solutions that bring together proprietary technology with acceleration of deployment and commissioning of new plants, an important benefit for the establishment of rural wastewater treatment facilities in China and other parts of the developing world.

“The combination of complementary decentralized and packaged water and wastewater treatment options is paving the way for Fluence to emerge as the leading global provider of innovative water and wastewater solutions serving municipal, industrial and commercial markets,” said Henry Charrabé, Chief Executive Officer of Fluence. “In pairing RWL Water’s proven execution capabilities and standardized solutions with Emefcy’s breakthrough technologies, Fluence operates at the forefront of the movement that is solving the world’s most pressing water and wastewater challenges.”

RWL Water is recognized as one of the fastest growing water solutions companies in the world, with more than 7,000 references and customers in more than 70 countries. Fluence will continue to serve and support all existing RWL Water and Emefcy customers while bringing Emefcy’s breakthrough wastewater treatment technology to new clients across the globe and working with channel partners and integrators.

“The distributed treatment model grants rural and remote communities in developing regions the access to clean water and sanitation they deserve, at a price they can afford, while also offering a compelling model to the developed world,” stated Richard Irving, Executive Chairman of Fluence. “The merger will substantially accelerate Emefcy’s deployment in China and other key markets while making significant operational and distribution gains. Integrating Emefcy and RWL Water products and systems will contribute to continued revenue growth, improving gross margins and expanding recurring revenue streams.”

Fluence employs over 300 experienced and dedicated water professionals. Fluence is headquartered in New York, with operating and regional entities located around the globe, including the United States, China, Australia, Mexico, Argentina, Brazil, Italy, France, Israel and Dubai.

Management and Governance

Henry Charrabé, President and Chief Executive Officer of RWL Water, and Philippe Laval, Chief Operating Officer of RWL Water, are appointed CEO and COO of Fluence, respectively. Eytan Levy, co-Founder and CEO of Emefcy, and Ronen Schechter, co-Founder of Emefcy, are appointed as President – Products & Innovation and Chief Technology Officer of Fluence, respectively. Bob Wowk, currently CFO of RWL Water, is appointed Chief Financial Officer of Fluence. Ross Kennedy is continuing as Company Secretary.

The Fluence board consists of seven directors. The current five members of Emefcy Group Limited – Richard Irving, Eytan Levy, Ross Haghighat, Peter Marks and Robert Wale – remain on the combined company Board. Mr. Charrabé joins the Board as Managing Director, as does Dr. Rengarajan Ramesh, former CTO of GE Water and a current RWL Water Board member.

Forward-looking Statements

Any forward-looking statements in this announcement are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management.

About Fluence Corporation

Formed in 2017 following the consolidation of independent water treatment solution providers Emefcy and RWL Water, Fluence Corporation was established with the vision of becoming the leading global provider of fast-to-deploy decentralized and packaged water and wastewater treatment solutions. With over 300 highly-trained water professionals with experience operating in 70 countries, Fluence provides local and sustainable treatment and reuse solutions while empowering businesses and communities worldwide to make the most of their water resources. Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery, to ongoing support and optimization of water related assets. With core operations in North America, South America, the Middle East and Europe, one of Fluence’s main current focuses is expanding into the vast Chinese market for rural wastewater treatment. For more information, please visit: http://www.fluencecorp.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...