SCRUBBER-ADSORBER       

NEWSLETTER 

March 2013
No. 465

MEGTEC Systems, Inc. Acquires TurboSonic Technologies, Inc.

MEGTEC Systems, Inc. (MEGTEC) is pleased to announce the acquisition of TurboSonic Technologies, Inc., effective immediately. The acquisition will include all of TurboSonic’s current products: wet electrostatic precipitator (WESP) systems, semi-dry and wet scrubbers, Catalytic Gas Treatment (CGT)™ systems, evaporative gas cooling systems, DeNOx systems and related parts and services. TurboSonic will join the MEGTEC family as MEGTEC TurboSonic Technologies, Inc., and operate as a wholly-owned subsidiary of MEGTEC Systems, Inc., and as a separate business unit within MEGTEC’s Environment, Climate and Energy (ECE) Group. The TurboSonic acquisition adds complementary product offerings to MEGTEC’s environmental portfolio and process expertise in key industries.

Commenting on the transaction, Mohit Uberoi, President and CEO of MEGTEC Systems, said, “The acquisition adds substantially to MEGTEC’s ECE business by bringing the highly-regarded TurboSonic name and line of equipment under the MEGTEC umbrella. The new technologies broaden MEGTEC’s environmental solution competencies from abatement and energy recovery, to include particulate and acid gas control and provide an opportunity for MEGTEC to supply its customers with packaged solutions including both particulate and volatile organic compound (VOC) control.”

This transaction brings together two market-leading companies serving common end markets and will offer a broader range of products and services to its expanded customer base.

Edward Spink, CEO of TurboSonic, stated, “The acquisition will provide greater market exposure for TurboSonic’s technologies and leverage MEGTEC’s capabilities to offer complete solutions to customers worldwide.”

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