Integrated Water Services, Inc. Acquires Hi-Line Industries to Strengthen Turnkey Solutions
November 5, 2024
AUSTIN, Texas -- Integrated Water Services, Inc. (IWS), a leading provider of specialized water and wastewater treatment solutions, announced the acquisition of Hi-Line Industries, a renowned designer and manufacturer of custom-fabricated equipment.
This strategic acquisition aligns with IWS's commitment to deliver comprehensive and exceptional products and services to its customers. Owned by Sciens Water, a prominent investor in the U.S. water sector, IWS focuses on providing turnkey solutions for water and wastewater treatment across diverse end markets in North America.
Headquartered in Brenham, Texas, Hi-Line boasts a national reputation for its expertise in custom fabrication. They offer a full turnkey experience, utilizing cutting edge 3D CAD CAM technology for designing and modeling complex machines with integrated electro-mechanical and programmable controls. Hi-Line processes projects on highly accurate CNC machinery and employs sophisticated computer-based management tools for optimal efficiency.
"Adding Hi-Line's capabilities to IWS's existing portfolio of advanced treatment solutions significantly benefits both our customers and shareholders," stated Alex Buehler, President and CEO of IWS. "Following our acquisition of M|MBR Systems in early 2023, we've been collaborating with Hi-Line on fabricating key components of our MBR systems, including our BluBox system. This acquisition is a natural fit, allowing us to offer a truly integrated solution through vertical integration of manufacturing capabilities. Beyond BluBox and custom MBR systems, we expect to leverage Hi-Line as our manufacturing center of excellence to support new products and other acquisitions with manufacturing content."
Sharing the enthusiasm, Dennis Kocian, President of Hi-Line Industries, commented, "We are excited to join forces with IWS. Our combined expertise strengthens our value proposition and broadens our customer base. We look forward to showcasing our capabilities to a wider audience."
IWS is committed to ensuring a seamless transition for Hi-Line Industries and its employees, assuring uninterrupted service and support for existing customers.
"Acquiring Hi-Line facilitates IWS's growth strategy, allowing us to expand organically and through accretive acquisitions," said Alexander Loucopoulos, Partner at Sciens Water. "This move empowers us to offer a more integrated solution, solidifying our position as a top-tier provider in the middle market for packaged wastewater treatment solutions."
Read more about:
Mergers and AcquisitionsYou May Also Like