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Evoqua Water Technologies to Acquire Water Treatment Equipment Maker Smith Engineering
Wednesday 22 June 2022

US-based water treatment solutions provider Evoqua Water Technologies (NYSE: AQUA) has entered into a definitive agreement to acquire privately-held high purity water treatment equipment maker Smith Engineering, Inc, the company said.

The acquisition will add to Evoqua's portfolio of high purity water treatment systems and expand its service footprint in North America.

Smith Engineering, headquartered in Chaska, Minnesota, is in the design, manufacturing, and service of custom high purity water treatment equipment serving the biotech/pharmaceutical, data center, food and beverage, healthcare, medical device, and microelectronics markets.

With over 1,200 customers in North America, Smith Engineering offers a variety of water treatment products and services, including filtration, UV, reverse osmosis, and deionization.

The transaction is expected to close during Evoqua's fourth quarter of fiscal 2022, which ends September 30, 2022, subject to the satisfaction of customary closing conditions.

Upon closing the transaction, the business will be part of Evoqua's Integrated Solutions and Services segment.

Evoqua Water Technologies is a provider of mission-critical water and wastewater treatment solutions, offering a 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.
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Date Published: 22/06/2022

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