WEC Projects (Pty) Ltd, a contractor specialising in turnkey water and wastewater treatment solutions in South Africa, has acquired a majority stake in Industrial Water Cooling (Pty) Ltd, a company specialising in cooling tower and industrial cooling solutions, IWC announced today. The partnership is effective immediately and replaces private equity company, MEDU Capital’s stake in IWC. “I am very pleased to announce that we have a new business partner in WEC Projects. I am of the firm belief that in WEC we have found a like-minded business partner that understands the contracting environment in which we operate,” comments Roger Rusch, Managing Director of IWC.
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