Aqua-Chem acquires SPECIFIC

Aqua-Chem Inc. has acquired SPECIFIC, a fluid-handling systems provider that includes the petroleum industry among its clients.

Offshore staff

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.”

07/26/2010

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