Metito is a global investor, developer and operator of water and wastewater infrastructure, founded in the Middle East in 1958. Its core business, Metito Utilities, invests in, develops and operates long-term water and wastewater concessions and public-private partnerships across the Middle East, Africa and Asia, with more than 35 projects delivered over 25 years. Metito pioneered reverse osmosis desalination outside the United States in 1972. During 2026 the group sold its engineering and EPC arm, MetiPro, to Hassan Allam Holding, and its chemicals and operations business, METICHEM, to Aquatech.
Metito has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
1958
Employees
1,001–5,000
Total Funding
$136M
6 rounds
Latest Valuation
$0.04B
Nov 30, 2006
Metito completed the sale of its chemicals and O&M arm METICHEM to Aquatech International; the deal closed 30 July 2026, terms undisclosed.
Second 2026 divestiture after MetiPro; Metito is narrowing to its water concessions business.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $136M across 6 rounds
Last updated 09-15-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 25, 2023 | Majority stake sale to Alpha Dhabi Holding (terminated) | Not disclosed | — | Alpha Dhabi Holding |
| Mar 2, 2022 | Sustainability-linked corporate loan | $120M | — | HSBC Bank Middle East |
| Jul 8, 2014 | Strategic equity (Mitsubishi / JBIC) | $92M | — | Mitsubishi Corporation, Mitsubishi Heavy Industries |
Mutaz Ghandour
Chairman
Rami Ghandour
Chief Executive Officer
Walid Madwar
Chief Commercial Officer
Sachin Kodolikar
Chief Operations Officer
Olivier Iborra
Chief Financial Officer
Cindy Yao
Chief Investment Officer
Winifred Wolderling
Chief Business Support Officer
Neill Goonting
Chief Legal Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Veolia
World leader in water services and water technologies, delivering end-to-end EPC and lifecycle solutions for municipal and industrial water and wastewater projects.
Acciona
One of the largest desalination companies providing sustainable water treatment solutions worldwide with seawater desalination projects in 40+ countries.
Doosan Enerbility
Leading global EPC contractor with expertise in seawater desalination and water treatment, offering RO, MSF, and MED technologies.
American Water Works
Leading water utility company providing water and wastewater services and solutions.
General Electric
Diversified industrial conglomerate with significant water treatment and desalination technology divisions.
Burns & McDonnell
Engineering and construction firm delivering design-build and EPC water and wastewater infrastructure solutions.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.