CQM Group

Company Overview

Snapshot

Founded in April 1994 by Ziki Livni, CQM Group operates with 11–50 employees. The company has secured funding across one disclosed round from one investor. In September 2023, CQM Water, a spin-off, received an investment from Mekorot, Israel's national water company, for its on-site electro-chlorination solutions.

Business overview

CQM Group specializes in developing and manufacturing non-chemical, sustainable, and cost-efficient systems for fouling prevention and water treatment. Their core technology focuses on maintaining heat exchangers and cooling towers free of scale, biological growth, and corrosion, often replacing conventional chemical treatments. The company's products, including Automatic Tube Cleaning Systems and On-site chlorine generators, serve the HVAC, power, chemical, and water treatment sectors, with over 4,000 installations across 30 countries globally. CQM Group's solutions aim to conserve cooling water and energy, offering rapid investment payback.

Strategic signal

In September 2023, CQM Water, a spin-off of CQM Group, secured an investment from Mekorot, Israel's national water company, following a successful pilot study. This investment highlights the market validation and operational benefits of CQM's on-site electro-chlorination solutions, demonstrating a significant reduction in operational costs and elimination of risks associated with traditional chlorine handling. For investors, this signals strong commercial viability and potential for broader adoption in critical infrastructure sectors like water utilities, emphasizing the company's role in sustainable and cost-effective water treatment.

Company Intelligence Q&A

What was a significant recent investment in a CQM Group spin-off?

In September 2023, Mekorot, Israel's national water company, invested in CQM Water, a spin-off of CQM Group, for its on-site electro-chlorination solutions.

What benefits did Mekorot experience from CQM Water's technology?

Following a successful pilot study, Mekorot upgraded its gas chlorine facility to CQM Water's on-site sodium hypochlorite generation equipment, resulting in the elimination of risks from transporting and storing gaseous chlorine, a 60% reduction in operational costs, and reduced Disinfection By-Products (DBPs).

When was CQM Group founded and by whom?

CQM Group was founded in April 1994 by Ziki Livni.

What was the nature of CQM's partnership with Zhongzi Enterprise Group (ZEG) in 2018?

In November 2018, CQM Ltd. announced a joint venture with China's Zhongzi Enterprise Group (ZEG) with a total investment of $10,000,000 to manufacture, sell, and service CQM's technology-based products in China, specifically targeting the Chinese energy sector.

What is CQM Group's primary focus in water treatment?

CQM Group specializes in creating and producing non-chemical, sustainable, and cost-efficient systems for fouling prevention and water treatment, aiming to keep heat exchangers and cooling towers scale-free, free of biological growth, and resistant to corrosion.