Plant operations buy
Seprotech Systems Inc. is preparing to purchase a waste and wastewater treatment plant operations company, in a move designed to diversify its services. The sewage treatment systems manufacturer
says it has agreed in principle to buy the unnamed plant, which has approximately $2 million in revenue, to provide additional services to its clients. “This strategic expansion will allow Seprotech to provide customers with integrated water treatment solutions that include not only the manufacture and installation of equipment, but skilled technicians to operate and maintain the plants,” says CEO Martin Hauschild. “The addition of plant operations allows Seprotech to meet the growing demand for turnkey infrastructure models that include water treatment equipment, operations and financing. The ability of Seprotech to meet all aspects of its clients' water and wastewater treatment needs represents a clear competitive advantage.” The company did not disclose what it would pay for the new subsidiary, but says it expects to close the deal by year’s end.
