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OVIVO INC CLASS A T.OVI.A

"Ovivo Inc offers water treatment products and solutions. It is a provider of technological solutions used in water treatment, recycling and purification."


TSX:OVI.A - Post by User

Post by fasteddy0043on Dec 23, 2014 10:16am
177 Views
Post# 23259206

FYI

FYIMONTRÉAL, Dec. 22, 2014 /CNW Telbec/ - Ovivo Inc. announces the sale of the Van der Molen division, located in Germany, to Radial Capital Partners. "After the sale of the Pulp & Paper Division completed last month, this transaction is another step undertaken to reshape and focus our portfolio on technological solutions, services and equipment in the fast growing water treatment industry", said Marc Barbeau, President and Chief Executive Officer of Ovivo Inc. "Also, we wanted to ensure a long-term future for all employees of Van der Molen. I am confident that the new owner will manage to seize new market opportunities that will enable Van der Molen to grow" added Mr. Barbeau. About Ovivo Inc. Ovivo Inc. is a global company dedicated to water and wastewater treatment. It is offering comprehensive technological solutions, as well as services and equipment, tailored to specific client needs. Ovivo Inc.'s business units operate in 18 countries and have approximately 900 employees. Ovivo Inc. is a public company whose shares trade on the Toronto Stock Exchange under the ticker symbols OVI.A and OVI.B. Read more at https://www.stockhouse.com/news/press-releases/2014/12/22/ovivo-inc-completes-the-sale-of-its-van-der-molen-division#peplKWWlDGpcPjTa.99
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