PITTSBURGH & DALLAS, MAY 9, 2017 -- Evoqua Water Technologies has signed a definitive agreement to acquire privately held Noble Water Technologies, a leading provider of high purity water equipment, systems and service, service deionization and resin regeneration, based in Dallas, TX. The acquisition underscores Evoqua's industry-leading service capabilities in the water treatment market. Terms of the asset agreement were not disclosed.
Noble Water Technologies serves the pharmaceutical, laboratory, food and beverage, automotive, specialty chemical, and power generation industries throughout Texas. Its clients range from end users to consulting and engineering firms, to equipment representatives and contractors.
"Noble Water Technologies has been a leader in the high purity water market for approximately 15 years and their proven solutions, customer focus and market flexibility have been hallmarks of their company," said Ron Keating, Evoqua Chief Executive Officer. "We welcome Noble Water Technologies to the Evoqua family and look forward to helping them accelerate their growth as part of Evoqua."
Evoqua was named the top provider of service for water treatment in the industry by Frost and Sullivan, the leading market intelligence firm covering an array of industries and markets. In naming Evoqua the top service provider, Frost and Sullivan said, "Evoqua lays heavy emphasis on rapid decision making and achieves high levels of responsiveness by empowering the employees in its 85 branches. As decision making is decentralized, each branch office can decide on the appropriate solution for mobile water treatment and the accompanying pricing structure. This unique method of empowerment has improved time management and increased its customer base.
"Quite simply, they focus on making their customers' issues go away and they are very successful in doing it….which is why their customers continue to come back to them again and again," added Frost and Sullivan.
About Evoqua
Evoqua Water Technologies is a global leader in helping municipalities and industrial customers protect and improve the world's most fundamental natural resource: water. Evoqua has a more than 100-year heritage of innovation and industry firsts, market-leading expertise, and unmatched customer service, where it continues to transform water and wastewater. Its cost-effective and reliable treatment systems and services ensure uninterrupted quantity and quality of water, enable regulatory and environmental compliance, increase efficiency through water reuse, and prepare customers for next-generation demands. For more information, visitwww.evoqua.com.
