Hydro Systems press release
June 2, 2010
Hydro Systems finalizes Chemilizer acquisition
June 2, 2010 — Chemilizer Products Inc., Largo, FL, a leading manufacturer of environmentally friendly, nonelectric chemical metering equipment has been acquired by Hydro Systems Company. Hydro Systems is the world''s largest independent manufacturer of chemical proportioning and dispensing systems and an operating unit of Dover Corporation. Financial terms of the transaction were not disclosed.
Hydro Systems'' president and CEO, Jeff Rowe issued this statement: "Adding Chemilizer Products'' line of equipment to our product portfolio is very exciting. Both Hydro and Chemilizer have built reputations for providing high-quality dispensing systems and for developing innovative, proven solutions for our customers in the most demanding of applications. Combining the resources of the two companies will provide our customers with the broadest choice of dispensing systems alternatives on the market, today. This acquisition is consistent with our long-term strategy of acquiring additional, niche brands to build-out our family of dispensing offerings in order to better serve our loyal customers around the globe. Hydro is committed to the rapid growth of the Chemilizer brand business through our global manufacturing footprint."
Hydro Systems Company was established in 1963 as a manufacturer of pressure washing equipment. The company has since re-focused its efforts on the fast-developing dilution-control market, and has grown to become the world’s largest independent manufacturer of proportioning and dispensing systems for chemical concentrates. In 1997, Hydro Systems became part of the Dover Corp., a Fortune 500 company and a multi-billion dollar global producer of innovative equipment for a wide range of markets.
Hydro Systems'' products are used to accurately dilute and dispense concentrated chemicals so that they can be safely and effectively used for commercial cleaning and other applications. These products are most commonly used in the food service, hospitality, education, automotive-care, and industrial markets. The acquisition of Chemilizer gives Hydro Systems an entry into Chemilizer’s core markets, including animal health, agriculture, horticulture, landscaping, and water treatment.
About Hydro Systems
Hydro Systems is a leading independent manufacturer of proportioning, dosing, and dispensing systems for concentrated chemicals, serving the janitorial, institutional, food-service, commercial cleaning, industrial, and automotive-care markets. Headquartered in Cincinnati, OH, Hydro Systems also maintains international offices in the United Kingdom, Brazil, Australia, and China. For more information, visit www.hydrosystemsco.com.