For over twenty years Anua has played a significant role in the design, manufacture and installation of an extensive portfolio of differentiated, sustainable clean-tech technologies, offering clean air – clean water solutions to residential, commercial, municipal/utility and industrial sectors in Europe and North America.
Since 2008 the Anua business has been severely challenged by the deep recession in the construction sector and while the business now only accounts for 2% of Group turnover it has returned losses over the past five years. A strategic review of the business concluded that Anua activities do not leverage or complement the core competencies of the Group and with ongoing losses being incurred the business was no longer sustainable.
Following careful consideration the Board decided to exit the entire business, through structured closure and wind down of operations. The UK business was closed in March 2015. Post year end the Irish and U.S. businesses are being wound down in an orderly manner.