Advanced Drainage Systems Acquires Cultec to Expand Portfolio of Water Management Solutions.
MANews-(C)2009-2022
Ohio, US-based water management solutions provider Advanced Drainage Systems, Inc. (NYSE: WMS) (ADS) has acquired Connecticut-based Cultec, Inc. a family-owned technology operator in the stormwater and on-site septic wastewater industries to expand ADS' portfolio of solutions, the company said.
Terms of the transaction were not disclosed.
Cultec designs and sells plastic chambers and related products into the stormwater and on-site septic markets, complementing...
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