Evoqua Acquires Pacific Ozone Technology, Inc. to Expand Industrial Disinfection Treatment Solutions

Category:

Monday, March 12, 2018 4:40 pm EDT

Dateline:

PITTSBURGH & BENICIA, Calif.

Public Company Information:

NYSE:
AQUA

@Evoqua acquires Pacific Ozone

PITTSBURGH & BENICIA, Calif.--(BUSINESS WIRE)--Evoqua Water Technologies Corp., (NYSE: AQUA) today announced it has acquired privately held Pacific Ozone Technology, Inc., a leading manufacturer of advanced ozone disinfection systems, testing products and support services for a wide range of industrial applications. The acquisition adds a new technology – ozone disinfection – to the Evoqua portfolio and further underscores the Company’s industry-leading capabilities in the water treatment market. Terms of the deal were not disclosed.

Pacific Ozone Technology Inc., serves the beverage, food processing, high purity, textile, ground remediation and aquaculture markets globally. It serves its customer base with state-of-the-art ozone generator systems, ozone test kits and field service support. Their Floating Plate Technology produces reliable and efficient ozone generation in an economical, air-cooled system. It will become a part of Evoqua’s Products segment, which specializes in innovative water disinfection technologies and global service and support.

“We are excited to welcome Pacific Ozone to the Evoqua family,” said Ron Keating, Evoqua CEO. “The addition of ozone technology to our current offering of disinfection solutions is consistent with our acquisition strategy to broaden our technology offerings and fill current product portfolio gaps. We are excited to market Pacific Ozone as an Evoqua brand to our industrial customer base.”

Ozone technology is widely used throughout key industrial markets and can be added at several points throughout the treatment system -- such as during pre-oxidation, intermediate oxidation or final disinfection.

The acquisition of Pacific Ozone marks the second transaction by Evoqua in 2018 and the 10th acquisition by the Company in the past two years. The brand will join Evoqua’s stable of disinfection brands which includes Wallace & Tiernan® systems, and ETS™, Barrier®, and Delta® UV products.

Pacific Ozone is based in Benicia, California in the north bay area of San Francisco. It has approximately 25 employees and 5,000 installations across the globe.

About Evoqua

Evoqua Water Technologies is a leading provider of mission critical water treatment solutions, offering services, systems and technologies to support its customers' full water lifecycle needs. Evoqua Water Technologies has worked to protect water, the environment and its employees for over 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, Evoqua Water Technologies operates 160 locations in eight countries and, with 200,000 installations and more than 85 service branches, holds leading positions in the North American industrial, commercial and municipal water treatment markets.

Contact:

Evoqua Water Technologies Corp.
Media
Kevin G. Lowery, 724-772-1527 (office)
724-719-1475 (mobile)
kevin.lowery@evoqua.com
or
Investors
Dan Brailer, 724-720-1605 (office)
412-977-2605 (mobile)
dan.brailer@evoqua.com