Digital Utilities Ventures (OTC: DUTV) has made a significant move by acquiring Lifestyle Dock Company (LDC), a well-known manufacturer of luxury docks. This deal could potentially bring in an extra $3.4 million in revenue for DUTV. With this acquisition, the company aims to broaden the reach of its innovative Easy NanoVoid™ water purification system, a technology designed to purify water using tiny bubbles without chemicals.
This partnership opens up new avenues for DUTV to introduce its sustainable water solutions to waterfront property owners through LDC’s established network. Mark K. Gaalswyk, CEO of DUTV, emphasized the synergy this acquisition creates, saying that luxury docks will now feature clean water as a significant value-add for customers investing in their properties.
The Easy NanoVoid™ technology isn’t just a breakthrough for docks; it’s versatile and can be used in various settings such as ponds, lakes, and even in agricultural applications. It works by creating microscopic bubbles that efficiently purify water, an essential need as clean water becomes increasingly scarce. A recent report projected the global water treatment market to grow from $221.6 billion in 2023 to $387.4 billion by 2030, reflecting a strong demand for solutions like Easy NanoVoid™.
In addition, the acquisition includes a manufacturing facility in Salem, South Carolina, which will enhance DUTV’s production capabilities. This facility will not only produce the Easy NanoVoid™ systems but will also facilitate the creation of Terreplenish®—another of DUTV’s products, which is an organic liquid fertilizer that promotes soil health.
The strategic position of the East Coast facility can help reduce shipping times and costs, making DUTV more competitive in global markets. With the increasing trend toward sustainable farming and water management, DUTV is well-poised to respond to rising consumer demand for eco-friendly products.
The acquisition of LDC is more than a revenue boost; it’s a critical step in positioning DUTV as a leader in sustainable technology. With their innovative solutions, DUTV is set to make waves in both the water treatment and agriculture sectors, aiming to provide valuable, eco-friendly options for customers worldwide.
For more insights into the innovative technologies by DUTV, visit Digital Utilities Ventures.
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OTC Markets:DUTV, Digital Utilities Ventures, Inc., Easy Energy Finance, Easy Energy Systems, Easy NanoVoid, Water Purification, DUTV, Digital Utilities Ventures, OTC Markets