Advanced Drainage Systems to acquire Orenco Systems.

Advanced Drainage Systems, an innovative water management solutions provider, agreed to acquire Orenco Systems, an advanced onsite septic wastewater treatment products manufacturer. Financial terms were not disclosed. “Orenco accelerates the Company’s growth in the advanced wastewater treatment space, opening up new opportunities in a highly fragmented and fast-growing segment of onsite septic wastewater. This acquisition is a great strategic fit for the Infiltrator business. The enhanced portfolio of complementary solutions combined with the broader sales force, geographic reach and distribution footprint will drive further penetration in this attractive segment. We look forward to working with the Orenco team to continue building on both companies’ strengths to deliver exceptional products and services to customers,” Scott Barbour, Advanced Drainage Systems President and CEO.