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Announced

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Manchester Tank & Equipment completed the acquisition of Ditech Testing.

Synopsis

Manchester Tank & Equipment, a manufacturer of steel and aluminum low pressure tanks and cylinders, completed the acquisition of Ditech Testing, a provider of propane tank refurbishment, recertification and logistics. Financial terms were not disclosed. “Joining forces with Ditech is a natural fit for our company. Our footprint expands to provide the full product lifecycle – from manufacturing to refurbishment and recertification. The addition of Ditech enables our customers to reduce costs by saving depreciating assets and take advantage of Ditech’s logistics management process, ensuring tanks are recertified on time and arrive seamlessly at their required destination,” Jordan de Lima, Manchester Tank President.

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