OASIS Corp. Chief Executive Officer Romaine Gilliland announced the acquisition of long-time competitor Sunroc Corp. of Dover, DE. Terms were not disclosed.
The action facilitates the combination of two of the industry's oldest, most established manufacturers of water dispensing products. OASIS Corp., founded in 1910, employs 1,000 associates worldwide, with annual gross sales in excess of $175 million. Sunroc, formed in 1922, has 300 associates with annual sales of $50 million.