RIVIERE-DU-LOUP, Que. – Premier Tech is acquiring a majority stake in Conder Solutions Ltd, a U.K-based specialist in water and waste water products, the Quebec-based industrial equipment company announced Thursday.
The company, based in Riviere-du-Loup, Que., said it’s acquiring a 70 per cent participating interest in Conder from Electrical Pump and Services Ltd. of Ireland.
Premier Tech said the acquisition is part of its plan to expand in Europe. Financial terms weren’t disclosed in its announcement.
The renamed Conder Aqua Solutions will be integrated into Premier Tech’s environmental technologies group and will have a mandate to deploy Conder and Bison brand products in the U.K and Ireland.
Premier Tech’s three operating groups — Horticulture and Agriculture, Industrial Equipment and Environmental Technologies — employ about 2,500 people in the Americas, Europe and Asia.