Aquarion Group Forges Joint Venture in Asia by the Name of "H+E Darcarion Pte. Ltd."

ZURICH,July 9,2019 -- Aquarion Group,a leading provider of advanced water treatment solutions and technologies for industry,announces new cooperation in Asia.

A Singapore Joint Venture by the name of "H+E Darcarion Pte. Ltd." will hold 100% of H+E Asia (South East Asian entity of Aquarion Group) and will operate with full technical and managerial support of H+E GmbH based in Stuttgart,Germany.

Dr. Karl Michael Millauer,Chief Executive Officer of Aquarion AG,said: "This is a significant milestone in Aquarion's strategy in Asia and I look forward to working with the JV partners who will provide excellent local expertise."

About Aquarion Group

Aquarion Group (www.aquarion-group.com) is a leading provider of advanced water systems,solutions and technologies for the oil & gas industry,the energy sector and other process industries. Aquarion Group offers highly competitive solutions across all five major approaches of water purification: membranes,chemical,biological,physical and thermal. The company has operations in Germany,Switzerland,Austria,Italy,UK,the UAE,Chile,Russia,Southeast Asia and Australia.

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