We are pleased to inform you that Energy Recovery, Inc. (ERI) today announced that it has signed an agreement to acquire Pump Engineering, L.L.C. (PEI), a leading manufacturer of pumps and turbocharger energy recovery devices. By bringing the two companies together, we believe that we will be able to better address your needs by offering a full range of high-quality energy recovery technologies and pump solutions. We recognize and appreciate that you may also have an existing business relationship with PEI and we assure you that during this transition, you will continue to receive the same level of support and service from both companies.
ERI has done extensive research and found PEI to offer the best turbine-based energy recovery devices available. By joining forces with the experienced PEI team, we will continue to provide exceptional performance, quality and value across our newly extended product range. After the acquisition, ERI will be able offer you a full range of PEI pumps and turbochargers along with ERI’s PX™ Technology product line.
We believe this transaction will benefit both ERI and PEI customers. Together, we are committed to improving energy recovery in desalination and making clean water more affordable for everyone. During the transition, we encourage you to contact us with questions that you may have, and welcome your input on how to better serve you.
I have enclosed a brief Question and Answer document that covers key points of the acquisition and includes a list of key contacts. Should you need further information, please feel free to email us at: acquistions@energyrecovery.com or by calling: +1 510-746-2577.
From all of us at Energy Recovery Inc., we thank you for your business and look forward to working with you in the future.
Sincerely,
Borja Blanco
Sr. Vice President, Energy Recovery, Inc