Aquacell Water closes on acquisition of McPhee Environmental
Aquacell Water, Inc. (PINKSHEETS: AQWT) announced today that it has closed the acquisition of McPhee Environmental, a former competitor of Aquacell Water in the arsenic removal sector of the water treatment industry...
RANCHO CUCAMONGA, CA, April 17, 2007 -- Aquacell Water, Inc. (PINKSHEETS: AQWT) announced today that it has closed the acquisition of McPhee Environmental, a former competitor of Aquacell Water in the arsenic removal sector of the water treatment industry.
"We are looking forward to working with the expanded sales force to increase our presence in the marketplace," said Kevin Spence, Aquacell's President and Chief Financial Officer. "This is an exciting market with vast opportunity for growth."
Brighton Capital Ltd. of Los Angeles, CA assisted and advised Aquacell Water in connection with the acquisition of McPhee. Brighton Capital has also been retained by Aquacell Water to identify other possible acquisition candidates in the water treatment industry.
Aquacell Water, Inc., headquartered in Rancho Cucamonga, CA, designs turnkey water filtration and purification systems for municipal, industrial, commercial, and institutional applications around the world. The Company specializes in arsenic removal systems. Aquacell's services include evaluation, design, engineering, manufacturing, installation, training and service.
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Also see:
-- "Aquacell achieves industry recognition"
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