KIT unit buys US-based source water management firm

Ixom also appointed an executive vice president for its new source watercare operations.

Ixom, Keppel Infrastructure Trust’s (KIT) indirect wholly-owned subsidiary, acquired US-based source water management solutions provider Medora Environmental (Medora) for an undisclosed amount, an announcement revealed.

Headquartered in North Dakota, Medora has a range of water treatment and wastewater sector products, related to source water, waste water as well as potable water treatment, providing essential source water treatment services to over 110,000 municipal water sources across North America.

To lead this expanded operation, the firm also appointed Greg Chirieleison as executive vice president of source watercare, commencing in March.