PITTSBURGH & MONTREAL–(BUSINESS WIRE)–Evoqua Water Technologies Corp. (NYSE: AQUA) today announced it has
acquired privately held IsH20Top (pronounced “isotope”)
Group, a Quebec-based provider of high-purity water treatment equipment
and systems, equipment maintenance services and service deionization.
The acquisition strengthens Evoqua’s Canadian service capabilities.
Terms of the deal were not disclosed.
IsH20Top serves the ultrapure pharmaceutical, laboratory,
medical, university, industrial and microelectronics markets in the
Quebec region. It provides its customer base with a variety of solutions
including reverse osmosis, deionized water systems and steam
“It’s with great enthusiasm that the IsH20Top team joins the
Evoqua family. Our common customer service dedication is clearly a
determining factor in the decision to join,” said Pierre Reznyak,
President, IsH20Top Group. It will join Evoqua’s Light
Industry Technologies division, which is a part of Evoqua’s Industrial
Segment, and will extend the company’s service network.
“For 25 years, IsH20Top has been very successful by
delivering excellent customer service and building a reputation as a
trusted partner,” said Evoqua Chief Executive Officer Ron Keating. “We
welcome IsH20Top to the Evoqua family and are excited by the
opportunity to help them grow as part of Evoqua.”
Evoqua has a service and support network that is four times larger than
its next largest competitor. As a result, a certified Evoqua Service
Technician is no more than a two-hour drive from 90 percent of the
company’s 25,000 industrial customers.
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 more than 200,000 installations and 87 service
branches, holds leading positions in the North American industrial,
commercial and municipal water treatment markets.