Advanced Drainage Systems Announces Acquisition of Advanced Wastewater Treatment Leader Orenco Systems, Inc.
- Enhances ADS’ position as a leader in water management solutions
- Expands offering and footprint in the highly attractive advanced wastewater treatment industry
- Aligns with core growth strategies and commitment to innovation
Advanced Drainage Systems, Inc., one of the leading providers of innovative water management solutions in the stormwater and onsite septic wastewater industries, announced the signing of a definitive agreement pursuant to which the Company’s wholly-owned subsidiary, Infiltrator Water Technologies, will acquire Orenco Systems, Inc., one of the leading manufacturers of advanced onsite septic wastewater treatment products serving residential and non-residential end markets. The parties expect the transaction to close in the Company’s third quarter of fiscal 2025, subject to customary closing conditions.
Combination Benefits
- Leadership – This transaction establishes a premier provider of residential and non-residential advanced wastewater treatment systems and expands sales in a fragmented segment driven by regulatory tailwinds.
- Innovation – By bringing together two industry leaders, there is significant opportunity to accelerate engineering and product development in an evolving market.
- Synergies – Collaboration on operational excellence will produce a scalable opportunity for efficiency, with an Infiltrator team that has a proven track record of margin expansion.
- Scale – The combined sales and engineering teams of Infiltrator and Orenco, as well as the combined operational footprint and distribution network, provide enhanced scale to further penetrate a growing segment.
- Environmental Stewardship – This transaction brings together two companies committed to creating innovative water management solutions that preserve water, the world’s most precious resource, with a shared commitment to safety, operational excellence and sustainability.
About Advanced Drainage Systems
Advanced Drainage Systems is one of the leading manufacturers of innovative stormwater and onsite septic wastewater solutions that manages the world’s most precious resource: water. ADS and its subsidiary, Infiltrator Water Technologies, provide superior stormwater drainage and onsite septic wastewater products used in a wide variety of markets and applications including commercial, residential, infrastructure and agriculture, while delivering unparalleled customer service. ADS manages the industry’s largest company-owned fleet, an expansive sales team, and a vast manufacturing network of approximately 70 manufacturing plants and 40 distribution centres. Founded in 1966, ADS’ water management solutions are designed to last for decades. To learn more, visit the Company’s website at www.adspipe.com.
About Orenco
Orenco is one of the leading manufacturers of advanced wastewater treatment products serving residential, commercial and municipal end markets. Since 1981, Orenco Systems, Inc. has designed and manufactured innovative onsite and decentralised wastewater collection and treatment technologies. Orenco solutions include community collection systems, advanced treatment systems, watertight fibreglass tanks and in-tank pumping and filtration systems. Orenco also manufactures OEM controls, as well as state-of-the-art fibreglass buildings, tanks and enclosures.