ZENON Environmental sold to General Electric for US$689M in 2006, an all-cash exit that capped the Canadian membrane pioneer’s 26-year run under founder Andrew Benedek. His ZeeWeed hollow-fiber technology, generating roughly US$210M in revenue at the sale, seeded today’s multi-billion-dollar membrane bioreactor market.
with 🎙️ Andrew Benedek, Executive Chairman of Anaergia, founder of Zenon and CEO for 26 years, a former member of the IWA board, and the inaugural recipient of the Lee Kwan Yew Prize.
💧 Anaergia aims to convert waste into useful resources, protect the environment, and sustain life for generations to come. Where some see waste, they see resources.