20 12 2019Business impact
Dupont acquires cleantech start-up OxyMem
RDJ advised OxyMem Limited on its sale to US chemicals group, DuPont
OxyMem, a University College Dublin (UCD) spin-out venture, develops and produces Membrane Aerated Biofilm Reactor technology for the treatment and purification of municipal and industrial wastewater. The company has more than 60 employees and one production site located in Athlone. Ranked as the 11th fastest growing company in Ireland, OxyMem has seen its patented technology used in more than 30 major water treatment projects in over 14 countries.
RDJ’s Corporate Partner Sean O’Reilly advised on the deal, assisted by Jennifer Dempsey.