Aqua-Chem acquires SPECIFIC
KNOXVILLE, Tennessee — Aqua-Chem Inc. has acquired SPECIFIC, a fluid-handling systems provider that includes the petroleum industry among its clients.
Aqua-Chem supplies water purification systems.
“The acquisition will extend Aqua-Chem’s reach to markets outside of the U.S.,” said David Gensterblum, Aqua-Chem’s president and CEO, “particularly South America and Mexico, where there is a great need for high-purity water.”
SPECIFIC President Phil Shrader will remain with Aqua-Chem, and manage the SPECIFIC division.
Shrader said: “Working with Aqua-Chem, we gain production, sales, and service capacity in delivering a broad range of products to our customers. Our Houston location facilitates support of Aqua-Chem products in the offshore industry.”