We are very excited to announce that Clearwater Controls and our US subsidiary DERAGGER Inc have been acquired by Industrial Flow Solutions, a portfolio company of May River Capital.
Industrial Flow Solutions are headquartered in New Haven, Connecticut, USA and specialise in the design, manufacture, sales and service of pumping and fluid solutions across the industrial, commercial and municipal waste water sector.
Clearwater Controls will retain its company name and brand, and it will be business as usual. The acquisition will hopefully provide huge opportunities and resources for Clearwater to expand its portfolio, and to continue to develop all of its existing customer and supplier relationships.
Industrial Flow Solutions will also be incorporating the DERAGGER PRO pump station technology across its brands in order to bring intelligent efficiency to nearly all of the Industrial Flow Solutions product lines.
We are delighted to share this news, and look forward to exciting times ahead.
For a full copy of the press release, please click here.
