In plotting a course towards providing safe, clean water to the populace, Chart Industries, Inc. has recently announced the acquisition of AdEdge Holdings, LLC, a water treatment technology and solution provider specializing in the design, development, fabrication and supply of water treatment solutions, specialty medias, legacy and innovative. AdEdge will join BlueInGreen (“BIG”), acquired in November 2020, as part of ChartWater’s portfolio of proven, innovative water treatment solutions and desalination technology options, according to Global Newswire.
“AdEdge is a perfect fit for ChartWater™,” said Chart’s CEO and President Jill Evanko. “Its technologies, solutions, and expertise strengthen Chart’s position in the growing water treatment space as we continue to invest in sustainable solutions for a wide variety of industries and applications. We intend to offer AdEdge’s solutions for PFAS and PFOS removal, in a containerized package, using our Treatment-as-a-Service (TaaS) business model.”
Providing Better, Cleaner Water
In addition to being able to remove 20 specific targeted contaminants, AdEdge also provides solutions for the removal of perfluorinated alkylated substances (PFAS), perfluorooctane sulfonic acid (PFOS), and other persistent organic compounds which, historically, have been challenging to treat. Commonly referred to as “forever chemicals,” these compounds are known for their resistance to environmental degradation, leading to bioaccumulation that ultimately impacts human health and the environment.
The U.S. Department of Defense alone is spending over $2 billion on investigation and clean-up of these contaminants in 2021, while the American Water Works Association estimates total capital investments in excess of $500 billion could be required to mitigate the health concerns over these contaminants in our U.S. drinking water supplies. This, combined growing regulatory support for the removal of PFAS and PFOS makes the acquisition a significant step towards providing clean water as many parts of America experience water shortages in the wake of extreme weather conditions.
“AdEdge is excited to be part of the growing ChartWater platform. The additional options to provide solutions to our existing and new customers will be appealing and the professional growth opportunities for our team is something I’m thrilled to see unfold,” stated Rich Cavagnaro.