February 2014, Vol. 26, No.2

Business

The District of Columbia Water and Sewer Authority (DC Water; Washington) has hired Veolia Water (Paris), a provider of water and wastewater services and technology, to conduct a comprehensive and independent review of its wholesale water provider, the Washington Aqueduct, a federally owned and operated public water supply agency that delivers an average of 142 mgd of drinking water to DC Water and Arlington County and Falls Church in Virginia. Veolia is conducting a comprehensive evaluation to provide recommendations that the Washington Aqueduct can implement to increase efficiencies, reduce costs, streamline operations, and ensure continued reliable delivery of water services.

CDM Smith Inc.(Cambridge, Mass.) has hired Michael A. Schober as a client service manager in its Lancaster, Pa., office. Schober will be responsible for project execution, sales and marketing, mentoring, staff development, and overall quality and client satisfaction. He has 28 years of experience in municipal water and sewer projects. AEA Investors LP(New York), a private investment vehicle for a select group of industrial family offices, signed an agreement to acquire the municipal, industrial, and services water and wastewater treatment operations and assets of Siemens Water Technologies LLC (Alpharetta, Ga.), a global provider of equipment and services, for 640 million euros (US$876 million). The transaction is subject to regulatory approval. The company focuses on control buyouts in four industry sectors: value-added industrial products, specialty chemicals, consumer products/retail, and services. The company will continue to focus on municipal and industrial water and wastewater treatment equipment and services.

ProChemTech International Inc. (Brockway, Pa.), a water management firm that provides innovative, integrated water management programs for boiler, cooling tower, process, and wastewater systems to commercial, government, and industrial customers, promoted Joseph Keister to district manager, Erie District. Keister will be responsible for obtaining new accounts as well as providing service to existing customers.