In a deal that is expected to strengthen gas leak detection and other services to the energy industry, ECOTEC International Holdings, LLC, Jackson, WY, USA, has acquired GAZOMAT S.A.R.L., a subsidiary of T.D. Williamson (TDW), Tulsa, OK, USA.
Based in Strasbourg, France, GAZOMAT manufactures high-performance portable gas leak detection instruments, leak detection services, and first-responder environmental safety equipment.
ECOTEC and GAZOMAT use similar core technologies and serve complementary markets. As a result, the acquisition represents an opportunity to expand capabilities and geographic reach.
Johan Desaegher, vice president of TDW Europe, Africa, and the Middle East, believes the industry will benefit from the “combined talent and technologies of the merger.”
“This is an exciting time for GAZOMAT employees as they have helped develop and penetrate new markets with leading leak detection technologies,” he says. “T.D. Williamson would like to thank all GAZOMAT employees for their cooperation. In the near-term we will work to support the safe and efficient transition of all GAZOMAT operations to ECOTEC.”
ECOTEC CEO Christopher D. Cummins says the acquisition brings together technology and talent in the form of dedicated GAZOMAT employees who are joining the ECOTEC team.
“We believe this unique opportunity combines two businesses that service complementary markets and utilise similar core technologies, as well as brings together a team of astoundingly talented and dedicated employees,” he says. “We are fully committed to the successful future of our expanded organisation.”
Tags:
ECOTEC International Holdings LLC,
T.D. Williamson
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