Smith & Loveless, specialist in advanced grit removal and handling technology, acquires the asset of long-time headworks equipment designer Schloss Engineered Equipment, Aurora, Colo. The parties agreed not to disclose the terms of the acquisition.
The acquisition supports Smith & Loveless’ strategy of augmenting its market leadership in wastewater headworks and separation technologies by expanding its offerings for its industry partners and customers. Schloss designs a comprehensive line of headworks screening, compacting, conveying, washing and dewatering technologies, backed by more than 100 years of operation.
“The well-respected Schloss brand in screening technology and headworks dewatering equipment – established by the technical ingenuity of the Schloss family – stands for robust design and engineering, and remarkably complements Smith & Loveless’ market-leading grit removal equipment”, said Smith & Loveless President Frank J. Rebori. Schloss CEO and President Kristy A. Schloss commented on the significance of the acquisition: “Joining Smith & Loveless will accelerate the growth and legacy of the Schloss equipment line. My father Charles Schloss (P.E.) and I are excited for this next chapter in the company’s 116-year history, powered by Smith & Loveless’ national and international distribution.”
Schloss products will be incorporated into Smith & Loveless’ Municipal, Industrial, After Market and International Sales Division offerings, while the acquired company will be re-launched as Schloss Environmental Equipment, a Smith & Loveless Company.