Ovivo acquires Varec Biogas, expanding industrial waste management line
April 15, 2019
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Ovivo Inc. has announced the acquisition of Westech Industrial Inc. (Varec Biogas), a wholly-owned subsidiary of Westech Industrial Ltd.
“We are very excited to welcome the Varec Biogas team to Ovivo and we will benefit from their strong positioning and reputation in the biogas market,” says Marc Barbeau, president and CEO of Ovivo.
Based in Stafford, Texas, and Huntington Beach, Calif., Varec Biogas designs, services and distributes biogas safety and handling equipment for municipal waste management and for various industrial applications.
“Varec Biogas complements nicely our biosolids product offering and we anticipate strong benefits for our customers by combining our expertise,” says Valere Morissette, senior vice president of Ovivo USA.
Varec Biogas’ product line is complementary to Ovivo’s biosolids management and resource recovery offering.
“My brother Jason and I are passing the torch to a strong and stable new owner and we are confident that Varec Biogas is in good hands with Ovivo, a strategic and resourceful water treatment company who will support its long term growth plan,” says Russell Lapp, former CEO of Varec Biogas and shareholder of Westech Industrial Ltd.
Varec Biogas will operate under the name Varec Biogas Inc., an Ovivo company.