Tue, 28 May 2019 12:00 am EDT
PITTSBURGH & WIGAN, U.K.--(BUSINESS WIRE)--Evoqua Water Technologies (NYSE: AQUA), an industry leader in mission critical water treatment solutions, today announced it has acquired privately held ATG UV Technology Limited (ATG UV), a leading manufacturer of ultraviolet (UV) light disinfection systems used in a wide range of municipal, aquatics and industrial applications. The acquisition adds to Evoqua’s UV offering and further underscores the Company’s commitment to the global water treatment market. Terms of the deal were not disclosed.
ATG UV serves the municipal, marine, food and beverage, oil and gas, aquatics and aquaculture markets and is the exclusive technology supplier to Evoqua’s ETS-UV™ product line in North America. The acquisition expands Evoqua’s reach, allowing the Company to serve customers globally.
“We are excited to welcome ATG UV to the Evoqua family,” said Ron Keating, Evoqua CEO. “We have developed a successful working relationship with the team as a licensed manufacturer of their technology in North America and look forward to expanding our reach to new geographies consistent with our acquisition strategy. We are excited to market ATG UV as an Evoqua brand to our municipal, aquatics and industrial customer base.”
UV technology is a chemical-free disinfection technology widely used across the globe. The numerous benefits of adopting UV based disinfection include eliminating chemical management costs and safety risks, making the technology one of the fastest growing disinfection techniques across the global water market.
The acquisition of ATG UV marks the first transaction in 2019 and the 13th acquisition by Evoqua. The brand will join Evoqua’s portfolio of disinfection brands, which include Wallace & Tiernan® systems, Delta UV® products and Pacific Ozone™ products and solutions.
ATG UV is based in Wigan, UK and has approximately 75 employees.
For more information on UV technology, visit us here.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.