11.04.03
Acuity Brands, Inc. sold its National Chemical product line to Cascade Water Services, New York. Prior to this sale, National Chemical was a part of Acuity Specialty Products (ASP), a business segment of Acuity Brands, which includes leading brands such as Zep, Enforcer and Selig Industries. Cascade owns and operates water treatment facilities throughout the U.S.
National Chemical manufactures specialty chemical products and provides services for boilers, cooling towers, and wastewater applications in North America. James H. Heagle, president and chief executive officer of Acuity Specialty Products, said, "This sale by ASP reflects our commitment to better focus our resources and efforts primarily on customers in our core specialty chemical and retail business units. We want to maximize our opportunities in these two areas by continuing to bring more innovative and cost effective solutions to markets where we have leadership positions."
National Chemical manufactures specialty chemical products and provides services for boilers, cooling towers, and wastewater applications in North America. James H. Heagle, president and chief executive officer of Acuity Specialty Products, said, "This sale by ASP reflects our commitment to better focus our resources and efforts primarily on customers in our core specialty chemical and retail business units. We want to maximize our opportunities in these two areas by continuing to bring more innovative and cost effective solutions to markets where we have leadership positions."