Clifford Chance advises Ambienta and its portfolio company Wateralia in the acquisition of Aquatec

Global law firm Clifford Chance has advised Ambienta one of Europe’s leading asset managers, focused exclusively on sustainability investing, and its portfolio company Wateralia in its acquisition of Aquatec. The transaction also involved Aquatec’s founding family re-investing a significant minority stake in the deal.

Wateralia is a leading global player in the design, engineering and manufacturing of water pumps and water systems for the integrated water cycle, while Aquatec is a leading Australian water and wastewater design and construction provider.

The acquisition strengthens Wateralia’s position in Australia’s fast-growing water sector, enhancing Wateralia and Aquatec’s engineering and system-integration capabilities. It represents Ambienta’s first add-on investment in Asia Pacific, reinforcing its global commitment to investing in the water industry.

Mark Currell, Managing Partner, Australia said: “We’re delighted to have supported Ambienta and Wateralia on this complex transaction, which highlights Clifford Chance’s ability to collaborate seamlessly across jurisdictions and practice areas to deliver outstanding client outcomes.”

A cross-border Corporate team from our Sydney and Milan offices worked on the deal. The team was led by partners Mark Currell and Claudio Cerabolini, with support from senior associate Lucy Conway, and associates Jae-Ho Kim and Amedeo Sciolari. Partner Elizabeth Hundt Russell, special counsel Alexander Sorgese and associate Monica Shakeri advised on financing aspects of the transaction.