Clearford Water Systems Inc., based in Ottawa, Ontario, has purchased a 91% interest in UV Pure Technologies effective Oct. 31, 2014. The transaction is expected to close on or before Dec. 10, 2014.
“Clearford and UV Pure know each other well, having worked together commercially since 2012,” said Rick VanSant, president and CEO of UV Pure. “Clearford is a long-standing UV Pure customer that uses our patented UV disinfection systems as the final stage in its wastewater treatment solution Clearford One. Clearford is also UV Pure’s exclusive distribution partner in the Colombian market. Our leadership team will remain shareholders of UV Pure Technologies, and is excited to begin the next chapter of UV Pure’s growth story in partnership with Clearford Water Systems.”
“We are very excited to add UV Pure and their Crossfire technology to the Clearford family. Our experience as Colombian distributor has demonstrated to us that there is a robust worldwide market for this product,” said Kevin Loiselle, President and CEO of Clearford.
Source: UV Pure Technologies
