T.D. Williamson, ECOTEC Complete GAZOMAT Deal
ECOTEC acquires T.D. Williamson French subsidiary, GAZOMAT; combining gas leak detection technologies to benefit energy industry
STRASBOURG, France, June 13, 2016 /PRNewswire/ -- In a deal that is expected to strengthen gas leak detection and other services to the energy industry, ECOTEC International Holdings, LLC (ECOTEC), Jackson, WY, has acquired GAZOMAT S.A.R.L. (GAZOMAT), a subsidiary of T.D. Williamson (TDW), Tulsa, OK.
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 utilize 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 organization."
About GAZOMAT
GAZOMAT specializes in the design, development, manufacturing, and servicing of electronic detection equipment for the survey of gas distribution networks, as well as for operator protection in hazardous environments.
ISO 9001 certified, GAZOMAT pursues a policy of total commitment to its customers. As an active partner of major gas distribution companies around the world, GAZOMAT has delivered state-of-the-art technology for over 40 years. The innovative GAZOMAT product range provides powerful gas detection instrumentation that is user-friendly and efficient, helping customers optimize gas network management and addressing cost and safety issues.
In addition, GAZOMAT supports its customers with a professional team of technical experts, trained in top-level gas leak survey services. Offering extensive know-how and on-site experience, the company's reputation for quality and reliability is recognized throughout France and around the globe via an extensive distribution network.
About ECOTEC
ECOTEC specializes in the design and development of specialty equipment and technology solutions for targeted markets including gas collection, transmission, and treatment systems. Additionally, the organization is innovating air quality and air pollution monitoring with implementations around the globe. ECOTEC's comprehensive solutions have helped shape the course of how business is now performed in a number of markets.
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SOURCE T.D. Williamson
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