Vortex acquires ETECAS to expand trenchless tech, in-house manufacturing
Vortex Companies, a trenchless technology construction company headquartered in Houston, announced its acquisition of ETECAS UG (ETECAS), a Germany-based leader in trenchless rehabilitation and UV curing equipment.
Headquartered in Dietmannsried, Germany, ETECAS specializes in the development and manufacturing of cutting-edge equipment and UV curing systems for the trenchless pipeline rehabilitation industry. The acquisition significantly enhances Vortex's mission to expand its in-house manufacturing capabilities for comprehensive UV solutions.
"Over the last few years, Vortex has made a concerted effort to build a total UV solutions package to support the market. ETECAS will help to provide unmatched product knowledge and support to our team," said Mike Vellano, CEO of Vortex Companies. "While Vortex remains committed to partnerships with other UV technology suppliers, ETECAS helps to strengthen our total solution approach to the market."
Founded in 2011, ETECAS has been a pioneer in trenchless equipment innovation, spearheading numerous advancements in UV curing technology. "Personally, as I reflect on my contributions to the pipeline rehabilitation industry over the last twenty years, I am proud to partner with Vortex, whose resources and expertise can help us to continue driving innovation in the UV market," said Alexander Spies, Founder and CEO of ETECAS. "This journey has been incredibly fulfilling, and I am thrilled to embark on this exciting new chapter as part of Vortex."
"Finding industry innovators such as Alex is a critical part of growing the Vortex UV platform," added Quin Breland, SVP Shared Services at Vortex. "This is very good fit for us, as we will be combining ETECAS's technical expertise and manufacturing capabilities with Vortex's ability to deliver an end-to-end UV CIPP solution to the market."
The financial details of the transaction were not disclosed.
About Vortex
The Vortex Companies provides advanced trenchless water and sewer technologies and provides turnkey services to cost effectively renew municipal, industrial, and commercial infrastructure. Vortex, along with its partners, offers a diverse portfolio including manhole and pipe rehabilitation materials, polymeric coatings, CIPP liner and resins, sewer robot systems and high-speed drain cleaning tools.
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