Water-Right Inc., a manufacturer of residential and commercial
quality water treatment systems, announced it has acquired
CustomCare Water Technologies. Financial terms were
not disclosed.
“This
acquisition is a great fit,” said
Kurt Gruett, president of
Water-Right. “With the CustomCare addition we gain the people and knowledge to
expand in the commercial and industrial water treatment markets. Their strengths
will greatly enhance our capabilities in the “bid spec” markets while also
assisting us with our current commercial accounts.”
Both
companies are family owned and share a common belief in the importance of
strong family values. All CustomCare employees will remain with the company.
Under the company’s restructuring, CustomCare will now exist as a division of
Water-Right. CustomCare accounts will continue to carry the CustomCare product
lines and may have access to additional products from Water-Right in the
future.
As part
of the reorganization, Water-Right will direct all operations of CustomCare to
Tim
Marek (past president) who will act as manager of the
Commercial/Industrial Operations of Water-Right and
Dan Peters
who will focus on the CustomCare Dealer Organization.
Source:
Water-RightLinks