The joint venture (JV) will combine Gemex, its subsidiary Umbral and Vortex to form Vortex Mexico.
According to PR Newswire, Vortex Companies has partnered with Gemex and its subsidiary Umbral after months of strategic planning and negotiation to form Vortex Mexico.
Gemex is an energy centric business group, focused on delivering results to the constantly evolving environment while Umbral is a leader in sustainable infrastructure solutions, specialising in integrated water cycle projects and wastewater treatment.
The Vortex Companies is one of the fastest growing trenchless solution providers in the water, sewer and industrial marketplace, so this JV will combine Gemex’s energy leadership, Umbral’s water services expertise and Vortex’s trenchless infrastructure repair technology.
Vortex CEO Mike Vellano said he believes the JV can collectively help bring vital water and sewer services back to life to provide quality for Mexico’s general population.
“This joint venture marries three companies that have the capability to disrupt traditional methods of delivering repair solutions to the Mexican infrastructure market,” said Mr Vellano.
Vortex Mexico has been created to provide proven and cost-effective trenchless infrastructure rehabilitation solutions, which will address ageing sewers throughout the region.
Umbral Business Development Director and General Partner Rodrigo Salgado said the ageing infrastructure is a huge problem that needs to be addressed and properly repaired.
“We estimate the water distribution network is losing anywhere between 30 per cent and 50 per cent of its drinking water from leaks, inferior pipe materials and lack of pressure control,” said Rodrigo Salgado.
Vortex Mexico hopes that its experiences personnel, advanced repair materials and equipment will be a much-needed solution to these long-standing problems.
For more information visit the Vortex website.
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