Portland Company Buys Rival Business in Oregon ; Hydro International, Which Makes Products That Treat Wastewater, Purchases Eutek for Up to $13.5 Million.

Summary


Portland-based Hydro International said Tuesday that it has acquired Eutek Systems Inc., a rival company based in Oregon, in a deal worth up to $13.5 million.

Hydro International makes products and solutions that control and treat stormwater, wastewater and combined sewer overflows. Eutek makes equipment that removes fine grit, sugar sands, abrasives and fixed solids from wastewater streams.

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Extract


Portland Company Buys Rival Business in Oregon ; Hydro International, Which Makes Products That Treat Wastewater, Purchases Eutek for Up to $13.5 Million.

The acquisition is for an initial cash outlay of $8....

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