August 6, 2008
Degremont Technologies is very pleased to announce that Infilco Degremont, Inc., supported by its parent companies SUEZ ENVIRONNEMENT and Degremont S.A., has recently acquired Water & Power Technologies, Inc. (WPT).
With the acquisition of Earth Tech by AECOM Technology Corporation, a decision was made to divest certain business segments that did not fit its strategic plan. WPT was part of this divesture.
WPT has built a solid reputation by supplying state-of-the-art equipment, services and custom engineered systems to a wide spectrum of industries, including power, oil & gas, chemical, pharmaceutical and electronics. The company operates a dedicated Beverage division, and offers versatility though products such as WaterPro for Water-By-The-Gallon contracts, and emergency mobile trailers.
Specialist in ion exchange deionization, reverse osmosis and ultrafiltration membrane technologies among others, WPT is well equipped to meet the specific pure water needs of their clients.
WPT is headquartered in Salt Lake City, Utah, with regional offices in Arlington, TX, Columbia, SC, and Denver CO. The company also operates a modern manufacturing facility, complete with stainless steel workshop, UL listed electrical shop and full assembly and testing capabilities. The company employs 150 employees and generated revenues of $40 million in 2007.
WPT’s core business is highly complementary to Degremont’s, and we are excited by the synergies that exist between our companies. We will strive over the next few months to define an integrated industrial business strategy and a sales organization that will best foster growth opportunities.
More details on WPT are available on their website: www.a-wpt.com