Calgon Carbon Corp. (CCC) announced that it has acquired the outstanding stock of Hyde Marine Inc. Terms of the transaction were not disclosed.
Hyde Marine is a manufacturer of systems that utilize ultraviolet light technology to treat marine ballast water.
John Stanik, Calgon Carbon's president and CEO, said, "We are very pleased that Hyde Marine will become part of our UV business. Although small, this strategic acquisition will broaden our knowledge base and experience in using ultraviolet light technology to treat water. It also provides Calgon Carbon immediate entry into a global, legislative-driven market with major long-term growth potential".
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