Pure Technologies Ltd. (Pure) (TSX: PUR) announced today that it has closed its previously announced acquisition of Wachs Valve and Hydrant Services, LLC (Wachs Water), a leading provider of flow control maintenance and support, leak detection and related asset management services to the water sector in the United States.

In business for 15 years and headquartered in Buffalo Grove, Ill., Wachs Water is a leading provider of flow control maintenance and support, leak detection and related asset management services to the water sector in the United States. Wachs Water was formed from the E.H. Wachs Co., which was founded in 1883.

“I’m pleased to officially welcome Wachs Water to the Pure family,” said Pure Technologies president and CEO Jack Elliott. “The closing of this transaction is another milestone in our Company’s history and we look forward to the synergies our two businesses will realize together. Through Wachs Water, we have enhanced our distribution channels for the deployment of our proprietary technologies and solutions, while adding significant management capabilities and field services personnel to help manage our growing water utility customer base within North America.”

As stated within the company’s news release dated Feb. 17, the total purchase price was US$18.5 million.

Wachs Water’s roots reach back 132 years to the creation of the Wachs Co. in 1883. The Wachs Companies have been trusted solutions providers to water utilities for more than 60 years. Wachs Water Services was founded in 2000, as a service company focused on helping water utilities increase control of their aging distribution networks.

Pure Technologies Ltd. is an international asset management, technology and services company which has developed patented technologies for inspection, monitoring and management of critical infrastructure around the world.

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