Mueller Water Products Inc, a manufacturer and marketer of products and services that are used in the transmission and distribution of safe, clean drinking-water and in water treatment facilities, is enhancing its ability to help municipalities rebuild North America's ageing water infrastructure by acquiring Echologics Holdings, the parent company of Echologics Engineering Inc.
Based in Toronto, Canada, Echologics develops water infrastructure diagnostics technology for water loss management, leak detection and pipe condition assessment. The company has pioneered technologies that are used to locate leaks and potential leaks, and provide utilities with an assessment of the structural thickness of their pipes, using non-invasive acoustic wave analysis.
The firm purchased Echologics for $8.0 million in cash. The company, which was founded in 2003, will continue to operate under the Echologics name as a division of Mueller Co.
“The ability to help municipalities identify where leaks are occurring, as well as diagnose the overall condition of their piping systems is crucial as they repair or replace their ageing water infrastructure and better manage their water resources,” said Gregory Hyland, Chairman, President and Chief Executive Officer, Mueller Water Products.
“Echologics enhances our ability to provide municipalities with the essential products and services needed in the transmission and distribution of drinking water.”
Marc Bracken, Vice President and General Manager, Echologics, added: “We are excited about becoming part of Mueller Water Products and continuing Mueller's long history of offering municipalities the innovative products they need to keep their water infrastructure systems in optimum condition.”
For further information, contact:
Echologics Engineering Inc, 50 Ronson Drive, Unit 155, Toronto, Canada. Tel: +1-416-249-6124, Fax: +1-416-249-8833, Email: info@echologics.com, Web: http://echologics.com
Mueller Water Products Inc, 1200 Abernathy Road NE, Suite 1200, Atlanta, GA 30328, USA. Tel: +1-770-206-4200, Fax: +1-770-206-4235, Web: http://www.muellerwaterproducts.com/
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