"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Hassan Allam acquires majority stake in Bioworks
Founders of Bioworks will continue to manage operations
Published in Daily News Egypt on 11 - 06 - 2019

Hassan Allam Holding, a leading construction and engineering group in Egypt, announced on Monday that its subsidiary Hassan Allam Holding B.V. acquired a majority stake in Bioworks, a global player in water and waste-water technology headquartered in Munich, Germany, and with a track record in nine countries around the world.

This investment represents a major extension to Hassan Allam Holding's offerings in water and waste-water treatment and extends its leadership in sustainable systems for the water industry in Africa, the GCC, China, the US, Russia, and the Commonwealth of Independent States.

"Clean water is an irreplaceable resource, and Hassan Allam Holding and its subsidiaries are dedicated to providing solutions that help to improve the water industry. We are very excited today to welcome the advanced technology and global expertise of Bioworks to our group of companies," said Hassan Allam, CEO of Hassan Allam Holding. "Water poverty is a global concern, and with investments like today's, Hassan Allam advances its efforts to be part of the solution."

This acquisition is the first in Europe for the Hassan Allam group; it capitalises on Bioworks' strong presence in the Middle East and North Africa, as well as in Europe and the US, which are an important complement to Hassan Hallam's presence in the MENA region. The founders of Bioworks will remain with the company and continue to manage operations.

"Today's investment by Hassan Allam Holding opens joint growth opportunities for both Bioworks and Hassan Allam. As we work together, we expect to further the important role that environmental engineering plays in the world of industry today," said Amr Allam, Co-CEO of Hassan Allam Holding.

Founded in 2007, Bioworks is the world leader in the design and construction of large scale, extended aeration process water-treatment systems, having developed over 120 projects in 25 countries around the world.

Hassan Allam Holding leads the Egyptian and regional engineering, procurement, and construction (EPC) market via three business arms, engineering and construction, building materials, and utility development.


Clic here to read the story from its source.