Evapco buys water treatment company
Water treatment company Clearwater Systems Corp. has been purchased by Evapco Inc.
Terms were not disclosed.
Evapco officials said the HVAC construction products company will be changing its name to Dolphin WaterCare. For now, Evapco and Dolphin WaterCare will be separate operations.
Anupam Bhargava, former CEO of Clearwater Systems, will act as Dolphin WaterCare president.
“Evapco has a long and respected history as a leading innovator in our industry, and we are excited to be joining forces to ensure that sustainable water treatment continues to flourish in the market,” Bhargava said. “For now, our employees and customers will notice little difference as we will continue to operate independently, offering the same advanced water treatment technology, high level of water treatment service and robust reporting that our customers have come to know and trust.”
Evapco President and CEO William G. Bartle said Dolphin will fit work within the company.
“A partnership between Evapco and Dolphin WaterCare was a natural fit, as we both share a goal of improving water efficiency and sustainability benefits for the evaporative cooling industry,” he said. “We are optimistic that combining Evapco’s financial strength with the water treatment experience, technology, and service capabilities of both of our companies will help drive market demand for time-tested and proven non-chemical water treatment solutions.”