Infiltrator Systems has agreed to acquire the assets of the septic system chamber business of Advanced Drainage Systems and its subsidiaries. Infiltrator offers a broad family of products that include the Quick4 and Quick4 Plus lines of chambers as well as the TW and IM series of septic tanks, EZflow synthetic aggregate leachfields, EZset risers and Aquaworx products.
As part of the acquisition, ADS has entered into a long-term, non-exclusive distribution agreement with Infiltrator Systems and will continue to market and sell the ADS Arc and BioDiffuser product lines.
The ADS chamber products include the Arc 18, Arc 24, Arc 36, Arc 36LP, and Arc 36HC chambers as well as the complete BioDiffuser line of chambers.
"We are excited about the opportunity to expand our product offering to the marketplace,” said Roy Moore, president and CEO of Infiltrator. “Customers will continue to receive a broad array of products that best suit their needs as well as ISI’s high-quality support and individualized service. ”
Joe Chlapaty, chairman and CEO of ADS, added, “This is a ‘win-win’ for the industry. The agreement allows ADS to continue to compete vigorously for septic leachfield product sales. It has always been our intention to offer our distribution network the finest products and services available.”
The transaction is expected to be completed within the next several months, subject to customary closing conditions and necessary regulatory approvals. Terms of the transaction were not disclosed.
