Evoqua Water Technologies LLC has acquired ADI Systems Inc, Lange Containment Inc and Geomembrane Technologies Inc, all providers of wastewater solutions. No financial terms were released. The seller is ADI Group Inc, a Fredericton, New Brunswick specialist in wastewater treatment, waste-to-energy solutions, cover and liner systems, construction services, mushroom farming and composting. U.S.-based Evoqua said the deal will expand its position in industrial wastewater solutions. The company was created in 2014 with AEA Investors‘ buy of Siemens Water Technologies LLC.
PRESS RELEASE
Evoqua Acquires ADI Systems, Expanding Company’s Position in Industrial Wastewater Solutions
July 05, 2017
PITTSBURGH & FREDERICTON, New Brunswick, Canada–(BUSINESS WIRE)–Evoqua today announced it has acquired ADI Systems, Lange Containment and Geomembrane Technologies (ADI) from ADI Group Inc. The three businesses are world leaders in wastewater solutions for industrial and manufacturing applications, primarily based in Fredericton, New Brunswick. Terms of the sale were not disclosed.
The business offers a wide range of technologies tailored to its customer base around the world in anaerobic digestion, aerobic treatment, and biogas treatment. The company also provides green energy recovery and water reuse technologies as well as industrial wastewater cover liners and containment systems. Combined, ADI Systems and Lange Containment based in Fredericton, and Geomembrane Technologies based in Denver, Colorado have more than 260 customers in 35 countries.
“The combination of ADI with Evoqua, including our recently acquired Environmental Treatment Systems business, gives us the widest-ranging industrial wastewater offerings to help our customers succeed,” said Ron Keating, Evoqua Chief Executive Officer.
Founded in 1989, ADI has approximately 100 employees. It will become a part of Evoqua’s Integrated Equipment Technologies segment within its Industrial Division.
About Evoqua
Evoqua Water Technologies is the global leader in helping municipalities and industrial customers protect and improve the world’s most fundamental natural resource: water. Evoqua has a more than 100-year heritage of innovation and industry firsts, market-leading expertise, and unmatched customer service, where it continues to transform water and wastewater. Its cost-effective and reliable treatment systems and services ensure uninterrupted quantity and quality of water, enable regulatory and environmental compliance, increase efficiency through water reuse, and prepare customers for next-generation demands.
Evoqua’s unparalleled portfolio of proven brands, advanced technologies, mobile and emergency water supply solutions and service helps cities across the world provide and discharge clean water, and enable leisure and commercial industry to maximize productivity and profitability. For more information, visit www.evoqua.com.
Contacts
Evoqua
Kevin G. Lowery
724-772-1527 (office)
724-719-1475 (mobile)
kevin.lowery@evoqua.com
Photo courtesy of Evoqua Water Technologies LLC