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.