Water management firm Aqualogy Environment has acquired Bristol spin-out PCIP for an undisclosed sum.
PCIP has been commercialising ‘ice pigging’, a pipe cleaning technique that uses slush ice. The technology can be used in a number of sectors, including the food and drink industry, energy sectors, water management, and anywhere else that pipes are used. The acquisition gives Aqualogy full access to the technology, and builds on a relationship between the two firms stretching back five years.
Matthew Stephenson, Director at Aqualogy, commented: “We are delighted to be able to extend the expertise we have developed in Ice Pigging over the last five years and are very excited at the prospect of taking Ice Pigging into new areas. The technique is a true innovation and a delight to be involved with.”
Joe Quarini, the professor behind the technology, said: “We are very pleased to have sold the technology to Aqualogy as they, with their many years of experience of successfully using the technology, are uniquely placed to further develop, adapt and customise the technology to other industry and market sectors. In short, Aqualogy are the world’s best placed organisation to make the ice pig fly”.
