Evoqua Water Technologies announced it has acquired privately held Pacific Ozone Technology, a manufacturer of advanced ozone disinfection systems, testing products and support services.
The acquisition adds a new technology – ozone disinfection – to the Evoqua portfolio, the company said.
Pacific Ozone Technology serves the beverage, food processing, high purity, textile, ground remediation and aquaculture markets globally. The company’s 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.
Ron Keating, Evoqua CEO, said, “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.”
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.
Evoqua today also announced the launch of a secondary public offering of 17,500,000 shares of its common stock by certain stockholders of the company, including certain affiliates of AEA Investors.