Hydro International PLC Purchase of operating assets and brand of SSM (9580D)
February 04 2015 - 2:00AM
UK Regulatory
TIDMHYD
RNS Number : 9580D
Hydro International PLC
04 February 2015
4 February 2015
Hydro International plc
("Hydro" or the "Group")
Settled Solids Management
Hydro International (AIM: HYD), a leading provider of
environmentally sustainable and innovative solutions to water
management challenges the world over, is pleased to announce that
it has purchased the operating assets and brand of Settled Solids
Management (SSM) based in Florida, US. SSM is an established
specialist provider of services to remove sand and grit from
wastewater treatment plants. These operational services, based
around a patented Vertical Grit Separator system, are well aligned
with Hydro's world leading grit removal technologies. The business
will operate as part of Hydro's Americas Wastewater division which
is headquartered in Hillsboro, Oregon.
Michael Jennings, Chief Executive of Hydro International plc,
commented: "As we continue to drive growth efforts, particularly
with our services strategy, this deal represents an important step
forward to broaden the scope of what we can offer to better serve
our customer base, always building around our core technology."
For further information please contact:
Hydro International Arden Partners Newgate
plc
Tel.+44 (0)1275 Tel. +44 (0)20 Tel. +44 (0)20
878371 7614 5900 7653 9850
Michael Jennings, Steve Douglas Tim Thompson
CEO
Tony Hollox, CFO James Felix Robyn McConnachie
Jasper Randall
About Hydro International
Hydro International plc (AIM: HYD) (Hydro) is a global supplier
of environmentally sustainable products and innovative solutions
for the control and treatment of stormwater, wastewater and
combined sewer overflows. Hydro's products use a range of advanced
technologies including award-winning advanced vortex technology.
Headquartered in Clevedon, North Somerset, Hydro also operates in
the UK from offices in Ely, Cambridgeshire, as well as across the
US from bases in Portland, Maine and Hillsboro, Oregon. The Group
has a growing presence outside its core North American and UK
markets in territories including: Ireland, the Middle East, Mexico,
Brazil, Russia, the European Union, China, Malaysia, Singapore,
Korea, Australia and New Zealand.
Please visit the website for further information
www.hydro-int.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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