CORAL GABLES, Fla.--(BUSINESS WIRE)--Gables Energy Partners, LLC today announced the acquisition of the intellectual property and certain assets of Electrolytic Technologies Corporation (ETC) by their affiliate, ETC Chemicals, LLC. Terms of the acquisition have not been disclosed due to confidentiality agreement provisions.
ETC is the leading manufacturer of on-site chlorine gas and sodium hypochlorite (bleach) generation systems, based in North Miami Beach, FL. ETC’s products are designed to be used by industries concerned with water and waste-water treatment including municipalities, mining, oil & gas, chemical, and other industrial customers.
ETC has global recognition as an industry leader, and its flagship product, Klorigen® is the only chlor-alkali technology to have received designation by the U.S. Department of Homeland Security as a Qualified Anti-Terrorism Technology, attesting to its inherently safety and reliability for the on-site production of chemicals for water treatment.
“This acquisition will complement our current energy technology operations, and enable us to apply our in-depth experience in cross-border finance, project financing, and business development for ETC,” said Gables Energy Partners CEO, David Schwedel. “ETC’s products have been installed throughout the world and have an excellent operating history.”
“We believe our partnership with Gables Energy will further enhance ETC’s prospects for growth in the coming years,” said President of ETC, Derek Lubie. “Together, we will be able to capitalize on many exciting opportunities in the global market.”
About Gables Energy Partners, LLC
Gables Energy Partners is a leading North American energy technology company. The company seeks to make improvements in the energy and water industries through the application of advanced technologies to better the environment, improve safety, and improve the lands we are entrusted with. For more information, please visit the company’s website at www.gablesenergy.com.
About Electrolytic Technologies Corporation
Electrolytic Technologies Corporation is a leading technology, engineering, design and manufacturing company headquartered in North Miami Beach, Florida. Our electrolytic chlor-alkali technology is offered to customers in the form of engineered systems incorporating proprietary and non-proprietary equipment to serve customers in the water and wastewater industry. For more information, please visit the company’s website at www.electrolytictech.com.