US processing technology firm Cavitation Technologies (CTi) is planning to expand its international operations following the acquisition of its strategic partner Desmet – part of the Desmet Ballestra Group – by Swedish fluid handling, centrifugal and heat transfer company Alfa Laval, according to a New Media Wire report.
CTi granted an exclusive licence to leading edible oil and biofuel technology provider Desmet in 2010 to market, sell and supply its Nano Reactor systems for processing plants for oils and fats or oleochemicals, the report said.
Following the agreement between Alfa Laval and Desmet, announced on 31 March, CTi was now looking to expand its relationship with the combined companies and scale up its operations internationally, according to the 5 April report.
“We are thrilled to have an opportunity to expand our technology not only in vegetable oil refining but also in industrial and municipal wastewater treatment, pharma and biotech as well as other applicable industries,” CTi global technology manager and founder Roman Gordon, said.
Founded in 2007, CTi designs and manufactures flow-through systems and develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company has issued over 48 patents for its Nano Reactor systems both domestically and overseas.
The Desmet Ballestra Group is currently owned by Financière DSBG, and ultimately controlled by European specialist financier Kartesia and US investment firm Farallon Capital.