Industry News: Feb. 6, 2018

A roundup of recent industry news exclusively for sewer and drain cleaning professionals. Track the industry's movers and shakers, learn about company acquisitions, get the skinny on new products, and more.

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Valley Industries acquires Comet USA
Valley Industries, based in Paynesville, Minnesota, announced it has acquired Comet USA, a distributor of industrial high-pressure plunger pumps and accessories. Comet USA, based in Burnsville, will now be known as Comet Industrial Pump Division.

Parent company of Liberty Financial division of Navitas Credit Corp. signs merger agreement 
The parent company of Liberty Financial division of Navitas Credit Corp. signed a merger agreement with United Community Bank. Navitas will operate as a subsidiary of United Community Bank, and the current management team will continue to lead the organization.

VersaFlex and Raven Lining Systems merge
VersaFlex and Raven Lining Systems announced that the two companies merged effective Jan. 1, 2018. The new company plans to expand and build on the combined expertise in polyurea, polyurethane, epoxy and cementitious technologies.

Dwyer Group expands world headquarters
Dwyer Group held a grand opening in celebration of a new, three-story, 18,000-square-foot building in Waco, Texas. The expansion, adjacent to the company’s headquarters, brings the corporate team to one location including the executive offices, accounting, and marketing departments.


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