Synagro Technologies Acquires HyPex’s Centrifuge Repair Service
Send Via E-MailHOUSTON, TX - January 18, 2011 - WastewaterPR.com - Synagro Technologies, Inc. announced today that it has completed the acquisition of the assets of HyPex, Inc.’s Centrifuge Repair Service business, based in Lansdale, PA.
Synagro Technologies, Inc. announced today that it has completed the acquisition of the assets of HyPex, Inc.’s Centrifuge Repair Service business, based in Lansdale, PA. The acquisition complements Synagro’s strong stable of dewatering services and now provides customers with services that include maintenance, process optimization and emergency repair to reduce downtime and increase productivity.
“HyPex is a strategic acquisition for Synagro as it enables us to bring better, faster solutions to our customers, both on an emergent basis and as a part of standard operations,” explained Bill Massa, president and CEO of Synagro. “Synagro has elected to drive growth through targeted acquisitions that enhance the value-added proposition to our customers which continues to position Synagro as the provider of choice for municipalities and industrial customers.”
HyPex is well-known for its centrifuge installation and repair capabilities. The acquisition will combine the Company’s deep knowledge with Synagro’s best in class dewatering services. Customers will now capture benefits that include reduced downtime during repairs, faster and all-encompassing response to emergency situations upgraded installation services, preventative maintenance and improved overall efficiency.
“HyPex is proud to become part of an organization that will help expand our customer base, and one that will help us service customers in a more comprehensive nature,” stated Jim Hasson, HyPex founder and president. “Together, we look forward to serving our customers with the same expertise and efficiency to which they have been accustomed, with the added resources that an organization like Synagro can provide.”
“We look forward to continuing the HyPex team tradition of delivering top quality service and share best practices to support and serve our combined customer base,” continued Massa.
