CANONSBURG, Pa. and NEW YORK, April 3, 2025 /PRNewswire/ — Aquatech today announced a growth investment from Cerberus Capital Management, L.P. (“Cerberus”), a global leader in alternative investing.
The Cerberus partnership reinforces Aquatech’s leadership in water and critical minerals amid strong growth and a record backlog. Recent highlights include a 25-year operations contract for Stegra’s pioneering green steel facility in Sweden, oil field water management for Aramco, seawater desalination for one of Latin America’s largest copper mines, ultra-high purity water for semiconductor fabs, and process technology for the delivery of 40,000 tpa lithium carbonate at North America’s largest lithium facility.
The minority investment is led by Cerberus’ Supply Chain and Strategic Opportunities platform, which partners…