OMNTEC Mfg., Inc. & Vaporless Manufacturing Inc. announce acquisition to create a strategic partnership with Gregory Young, leverage synergistic products, and strengthen their great teams.
Ronkonkoma, NY, February 22, 2022 - Ronkonkoma, New York-based OMNTEC Mfg., Inc. (OMNTEC), a leading tank gauging and leak detection equipment manufacturer, has entered into a definitive agreement to acquire Prescott Valley, Arizona-based Vaporless Mfg., Inc. (VMI).
OMNTEC has been serving customers with advanced tank gauging and leak detection solutions for over 30 years. The OMNTEC team has a proven track record of providing its clients with advanced electronics, software, and cloud-based data solutions allowing users to manage their inventory and compliance needs.
VMI specializes in the design and manufacture of mechanical line leak detectors (MLLD), advanced nitrogen blanketing, electronic line leak detection (ELLD) systems, and MLLD/ELLD test equipment. The VMI team has a long-standing track record providing electronic and mechanical solutions backed by a rich patent portfolio.
“We at OMNTEC are excited to join forces with Greg Young and his team at VMI. Greg will lead our strategic product development efforts, ensure the integration of ELLD with our Proteus® ATG and secure the continuity of manufacturing the most innovative and technologically advanced solutions in the tank gauging and leak detection space.” Says Tom D'Alessandro, President at OMNTEC Mfg., Inc.
“Greg Young has over 30 years of contributions to the industry and we are proud to partner with him and his entire team at Vaporless.” “During this process, I’ve been thoroughly impressed by Greg, his entire team, and the operation in Prescott Valley.”
The two companies, owned by OMNTEC, will continue to operate under their respective brands for the foreseeable future. “The VMI brand is made strong by its experienced team, excellent products, and Patent Portfolio. We’ve been working with VMI for some time now - this merger will serve to further strengthen our operations, broaden our product offering and expand business opportunities.”
OMNTEC and VAPORLESS MANUFACTURING
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OMNTEC and VAPORLESS MANUFACTURING
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Re: OMNTEC and VAPORLESS MANUFACTURING
Two great teams joined together. Congratulations both.
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