Hydro's Acquisition of Eutek Seems to be Paying Off
One year after its purchase of grit-removal equipment supplier Eutek Systems, Hydro International is positioning its U.S. wastewater business for growth.
Hydro, a provider of environmentally sustainable products and innovative solutions that control and treat stormwater, wastewater, and combined sewer overflows, purchased Eutek on May 5, 2008, and moved the headquarters of its U.S. wastewater business to Eutek’s home base in Hillsboro, Ore.
The wastewater business is responsible for the development and expansion of Hydro International’s proprietary grit-removal technologies and also carries the responsibilities for the combined sewer overflow technologies marketed under Hydro International’s Wet Weather brand.
In the year since the acquisition, the integration of the U.S. grit-removal business’s two leading players has proceeded well, according to Steve Tansley, director of the company’s U.S. wastewater business unit.
“The Wastewater business has performed well since the acquisition, and future prospects are very encouraging,” Tansley said. “These prospects include scope for international expansion of Eutek products beyond North America.”
In a difficult economic environment, the addition of Eutek Systems’ product portfolio helped push Hydro’s 2008 worldwide sales up 16 percent.