Japan-based Kurita Water Industries (Kurita), a global provider of water treatment solutions, announced the completion of its acquisition of Keytech Water Management (“Keytech”).
Keytech, which is headquartered in Kitchener, Ontario, will operate as a 100 per cent consolidated subsidiary of Kurita Canada Inc. Douglas Halbert, former president and general manager of Keytech, will continue to lead the organization as general manager under the leadership of LaMarr Barnes, CEO of Kurita America.
“We are extremely pleased for Keytech Water Management to become the newest member of the Kurita family,” said Barnes. “Keytech’s reputation for exceptional customer service and strong technical expertise is a great cultural fit. It’s an extremely well managed organization, having shown consistent and profitable growth over many successful years in the marketplace.”
Keytech’s operations are primarily focused in the province of Ontario. According to the press release, Keytech has established itself as a customer-centric provider of water management solutions over its 40-year history. Clientele span industries such as industrial, biofuels, food and beverage, and a wide range of manufacturing operations. Commercial and institutional segments including healthcare, educational campuses, and commercial buildings are also core to Keytech’s history of success.
With this acquisition, Kurita continues to expand its North American footprint. “Our high growth operations in western Canada are now complemented with a geographic position in Ontario and the eastern portion of the country,” said Barnes. “We will continue to expand, both organically and through acquisition, where appropriate, enroute to becoming a leading force in North America.”
“We’re excited about the future and the opportunity to leverage Keytech’s industry leading experience and expertise with Kurita’s 70+ years of global leadership and continued investment in growth,” added Halbert. “With exposure to an incredible portfolio of technologies, products, and services that represent world-class innovations in chemistry, equipment systems, and the digital world, we now have unprecedented opportunities to create and deliver value to our customers.”
