CONTECH Acquires Rights to European Technology
New selling rights and intellectual property assets help position the company for international growth
CONTECH Construction Products Inc. has announced its acquisition of the
European SurfSep license, which includes the intellectual property assets
and selling rights for the storm water runoff market.
water technology, more commonly known as continuous deflection separation
(CDS), has been owned in the U.S. by CONTECH since 2006 but was previously
offered by Copa Ltd. in Europe.
"We added the CDS technology to our
offering in the United States to provide our customers with the most
comprehensive selection of storm water products available," said Rick
Stepien, president of CONTECH Stormwater Solutions Inc. "As we looked into
expanding our business globally, we were committed to bringing that same
best-in-class offering to our customers wherever their geographic location
might be. Coupled with our Vortechs, StormFilter and CON/SPAN product lines,
the new European rights to CDS allow us to do that."
CDS storm water
products will be sold throughout Europe by CONTECH and its sales
representatives. "The European Union's Water Framework Directive will create
demand for storm water treatment technologies throughout Europe," Stepien
said. "CONTECH is now ready to respond with a proven technology already
established in the United Kingdom, Ireland and France."