Smith & Loveless Inc., the global leader in advanced grit removal and handling technology, announces the asset acquisition of longtime headworks equipment designer Schloss Engineered Equipment Inc., Aurora, Colo. The parties agreed not to disclose the terms of the acquisition.
LENEXA, Kan., January 26, 2015 – Smith & Loveless Inc., a global leader in advanced grit removal and handling technology, reinforces its commitment to innovation and market leadership with the strategic asset acquisition of Schloss Engineered Equipment Inc., based in Aurora, Colo. The acquisition further solidifies Smith & Loveless’ position in wastewater headworks and separation technologies, allowing the company to broaden its product offerings for industry partners and customers. Schloss Engineered Equipment brings over 100 years of experience and expertise in designing a comprehensive range of headworks screening, compacting, conveying, washing, and dewatering technologies.
Smith & Loveless President Frank J. Rebori highlights the synergies between the two companies, emphasizing the Schloss brand's reputation for robust design and engineering in screening technology and headworks dewatering equipment. The combined technologies of screening and grit removal position Smith & Loveless to deliver exceptional value and performance in municipal headworks and industrial liquid-solids separation applications.
The significance of the acquisition is echoed by Kristy A. Schloss, CEO and President of Schloss Engineered Equipment, who sees the collaboration with Smith & Loveless as an opportunity to accelerate the growth and legacy of the Schloss equipment line. The re-launch of the acquired company as Schloss Environmental Equipment Inc., a Smith & Loveless Company, marks the beginning of an exciting new chapter in the 116-year history of Schloss Engineered Equipment.
This strategic move underscores Smith & Loveless’ dedication to staying at the forefront of technological advancements in the water and wastewater industry, ensuring that its solutions continue to meet the evolving needs of customers worldwide.