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Water Technologies International, Inc. Signs Definitive Agreement to Acquire Water Treatment Company with $1.4 Million in Top Line Revenue and Multiple Employees in a Move to Enter the Commercial and Residential Water Treatment Space
Water Technologies International, Inc. Signs Definitive Agreement to Acquire Water Treatment Company with $1.4 Million in Top Line Revenue and Multiple Employees in a Move to Enter the Commercial and Residential Water Treatment Space.
About this update from Water Technologies International,inc.
[{"type":"text","content":"\nWater Technologies International, Inc. Signs Definitive Agreement to Acquire Water Treatment Company with $1.4 Million in Top Line Revenue and Multiple Employees in a Move to Enter the Commercial and Residential Water Treatment Space\n\nWater Technologies International, Inc. Signs Definitive Agreement to Acquire Water Treatment Company with $1.4 Million in Top Line Revenue and Multiple Employees in a Move to Enter the Commercial and Residential Water Treatment Space\n\n\nThe Company has over a 100 years of Water Treatment Experience and has been Servicing Clients for over 25 years and providing Water Treatment Systems and Solutions \n\nPORT ST. LUCIE, FL--(Marketwired - November 06, 2017) - Water Technologies International, Inc. (OTC PINK: WTII) (News) the leader in the technology in atmospheric water generator's production and design announced today that it is acquiring a Company based in Florida. The Company has been in business for over 25 years providing residential and commercial water treatment throughout Florida. The combination of the new acquisition, with its large client base, and Water Technologies' product line, brings expectations of future revenue growth over the next few years. Water Technologies International, Inc. has evolved as a \"Pure Water Play\" generating, cleaning, producing drinking water, water for agriculture and a full line or waste water treatment solutions. The Company is now providing commercial and industrial wastewater solutions and feels it is important to update the shareholders on the Company's developments as it strives to improve the existing technology and drive sales in Florida and on a Global basis.Water Technologies, Inc.'s CEO, William Scott Tudor, said, \"By combining our Product lines our Companies will have the ability to provide water treatment and water generation solutions to our Client base. I see this as a game changer for Water Technologies and in the next few years I see our hard work will come to fruition. As we partner we will focus on the commercial applications for the company's Water Generation, waste water processing, Ozone and hydrogen technologies. We will continue to expand our Intellectual Property and product portfolio. This enables us to substantially expand our commercial water generation ability and will lower our cost of production per gallon. This is a move t...