- December 22, 2021
- Posted by: Stratford Team
- Category: Business
Evoqua Water Technologies, an industry leader in mission-critical water treatment solutions, recently announced that it has entered into a definitive agreement to acquire the assets of the renal business historically operated by Mar Cor Purification and Cantel Medical, subsidiaries of STERIS for $196.3 million. Mar Cor is a leading manufacturer and servicer of medical water, commercial and industrial solutions in North America and will expand Evoqua’s service footprint and further its reach into the healthcare vertical market.
The acquired business is headquartered in Plymouth, Minnesota, with 27 service and regeneration facilities in the United States and Canada, and offers significant technical expertise in designing, building and servicing high-purity water treatment systems to an installed base of approximately 5,500 sites.
The transaction is anticipated to close during Evoqua’s second quarter of fiscal 2022, which ends March 31, 2022,…
