Microdyn-Nadir Completes Acquisition of US Based TriSep Corporation

Germany: Microdyn-Nadir, a German based membrane manufacturer and 100 percent subsidiary of Germany based filtration group Mann+Hummel completed the acquisition of California based specialty membrane manufacturer, that is, TriSep Corporation. As per Walter Lamparter, the Chief Executive Officer of Microdyn-Nadir, this acquisition will help Microdyn -Nadir expand its footprint in water treatment and process separation market across the globe. Microdyn -Nadir is already a well-established manufacturer of micro-, ultra- and nanofiltration membranes and through this strategic step, it would witness a significant growth in its water filtration business across North America.

TechSci Research depicts that the acquisition of TriSep Corporation would strengthen the presence of Microdyn -Nadir in the United States water filtration membranes market. Further, this acquisition would allow Microdyn -Nadir to cater to the growing demand for specialty membranes in the US.

According to the recently published report by TechSci Research, “United States Membrane Market By Type (Microfiltration, Reverse Osmosis, Ultrafiltration and Others), By Application (Water and Wastewater Treatment, Haemodialysis, Pharmaceutical, Chemical, etc.), Competition Forecast and Opportunities, 2011 - 2021”, the country’s membrane market is projected to grow at a CAGR of 8% during 2016 - 2021. Increasing government investments for setting up water treatment plants in the US is also expected to drive demand for membranes by water & waste water treatment industry over the next five years. With water deficient conditions prevalent across various parts of the country, implementation of water conservation and water recycling strategies to reuse the water has become a priority, which is augmenting demand for membranes in the country. Over the next five years, membrane use in medical applications such as hemodialysis and pharmaceutical industry in the US is also expected to grow at a rapid pace.