Water quality instrument manufacturer Waltron announced that it has undergone a change of ownership and control, effective May 29, 2014. Formerly known as Waltron LLC, the new entity, Waltron Bull & Roberts LLC, has assumed all operations and personnel of the company.
While the details of the transaction are confidential, all accounts payable and receivable have been transferred to the new entity as part of the deal. The trade name will remain Waltron.
“I am honored and excited to have the opportunity to carry on the 111-year legacy of the Waltron and Bull & Roberts companies,” said Jonathan C. Guy, incoming president and CEO. “The company’s long history as a leader in water quality management is ever more relevant as the world’s demands for clean water and energy grow. We intend to expand our line of products and services to provide a more complete set of solutions for our customers.”
The company’s strategic plan includes major investments in technology, both in terms of new product capabilities and enhancements to customer support.
Outgoing owner and CEO, John M. Walsh, III will remain associated with the new entity as the chairman emeritus through what is expected to be a three-year transition. Also joining Jon Guy on the company’s board are Eric J. Lomas, president of HT Capital Advisors in New York City, and Charles Cavin, former president of mobiKPI in Houston.
Source: Waltron