Ovivo Acquires ALAR (Alar Engineering Corporation)
November 20, 2020
Ovivo Inc., a global water and wastewater treatment equipment and systems provider, has acquired the businesses of Alar Engineering Corporation, Alar Chemical Sales Inc. and Alar Leasing Inc. (together "ALAR"). The acquisition adds ALAR's dewatering equipment, chemical products and Central U.S. presence in Mokena, Illinois, to Ovivo's industrial water capabilities and supports Ovivo's expansion in North American industrial wastewater markets.
- Buyers
- Ovivo Inc.
- Targets
- Alar Engineering Corporation (ALAR)
- Sellers
- Paula Jackfert and family shareholders
- Industry
- Industrial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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