RGF Environmental Group Acquires AFL Industries
RIVIERA BEACH, Fla., Sept. 9, 2013 /PRNewswire/ -- RGF Environmental Group, Inc. (RGF) announced today it has finalized an agreement with Martino Industries, Inc. (Martino) to acquire all of the assets of AFL Industries (AFL).
AFL Industries, also based in Riviera Beach, is a manufacturer of high-quality, in-ground, prefabricated oil/water separators and other specialty wastewater treatment equipment. AFL engineers, designs and distributes its patented VTC separators, oil stop valves, safety sumps and rotary pipe oil skimmers into all utility, transportation and food processing industries as well as military bases around the world.
Ron Fink, President/CEO of RGF also announced that all of AFL's sales, engineering, accounting and customer service/plant personnel will come onboard with similar positions at RGF, while continuing to maintain the AFL website, phone and fax numbers providing uninterrupted service to their customers. The acquisition will be fully integrated into RGF's current 100,000-square-foot operations facility located at 1101 West 13 th Street, Riviera Beach, FL.
Fink said the strategic acquisition will help RGF broaden its current industrial wastewater treatment systems and solutions and also provide greater opportunities with RGF's safety product lines with large food processing customers.Martino Industries d/b/a AFL Industries was founded by June Martino of Palm Beach, Florida. The former secretary/bookkeeper to McDonald's founder Ray Kroc, Martino used part of her 10% share of McDonald's stock to purchase AFL, moving it from Chicago to Riviera Beach in 1979. Her son, Joel Martino, has run the company since that time. About RGF Environmental GroupRGF manufactures over 500 environmental products and has over 1,000,000 systems installed worldwide. The company, based in South Florida, is represented in 33 countries, providing the world with the safest air, water and food without the use of chemicals. RGF maintains a Research and Development staff that is involved in FDA, USDA and University Environmental Studies and continuously improves existing systems and develops new award-winning products. For more information on RGF and AFL and their product lines and services, please visit www.rgf.com or www.aflindustries.com or contact Sharon Rinhimer, EVP/General Counsel (800) 842-7771 Ext. 109, email email@example.com or Bill Svec, VP Industrial Wastewater at Ext. 180 or email firstname.lastname@example.org. SOURCE RGF Environmental Group, Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV