Manchester Tank & Equipment Co., a manufacturer of steel and aluminum low pressure tanks and cylinders for storage and transport of pressurized gas applications, today announced it is acquiring the business assets related to the tank refurbishment and tank recertification business of Ditech Testing, a Canadian company. The transaction will be completed by month end.
In 1997, Dan Leblanc founded Ditech with a drive to provide exceptional service to the liquid petroleum industry in North America. For over 25 years, Ditech has grown its tank refurbishment and recertification operations in New Brunswick and Alberta, Canada. Ditech’s industry-leading innovation and quality complements Manchester Tank’s product offering, brings additional value to its customers and promotes continuous improvement across operations.
“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,” stated Manchester Tank President, Jordan de Lima. “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.”
de Lima added, “Our company upholds a longstanding tradition of excellence and remains committed to our vision of quality, innovation and service. The inclusion of Ditech marks the next phase in our pursuit of improvement, and I eagerly look forward to all that we will accomplish together.”
According to Ditech’s founder and CEO, Dan Leblanc, “We are extremely pleased to join Manchester Tank, a company that shares a decades-old passion for combining innovation and performance with superior customer service. Together our companies will continue to meet the growing needs of our customers at home and abroad.”
Terms of the transaction were not disclosed.
