COVENTRY – Aquatic filtration system-maker Neptune-Benson LLC has acquired Beaver Dam, Wisc.-based Engineered Treatment Systems LLC, Neptune-Benson announced Monday. The acquisition followed Neptune-Benson’s recent purchase of Lawson Aquatics.
ETS is a leader in ultraviolet technology for aquatic, industrial and municipal applications, according to a Neptune-Benson release announcing the deal.
“This partnering provides ETS with expanded resources for R&D and technical expertise. ETS is now positioned for further growth through accelerated product development and a number of other exciting strategic initiatives that have been identified with Neptune-Benson,” Jon McClean, ETS president, said in prepared remarks.
The management team at ETS will remain, operating out of the new headquarters facility in Beaver Dam, Wisc.
“ETS makes a perfect addition to our growing organization,” Barry Gertz, Neptune-Benson CEO said in a statement. “Their reputation within the world of aquatics is unsurpassed and the experience they bring in the industrial and municipal arenas opens up even more growth opportunities for our filtration systems.”
The combined capabilities of our organizations will further increase our ability to deliver quality products and services to our global customer base,” added Gertz.
The financial terms of the deal were not disclosed.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.