StockWatch
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Containers/Packaging
AcquisitionsMay 21, 2026, 04:13 PM

Advanced Drainage Systems Completes NDS Acquisition, Realigns Segments

AI Summary

Advanced Drainage Systems, Inc. completed the acquisition of National Diversified Sales (NDS) on February 2, 2026, significantly expanding its residential stormwater and drainage solutions. This acquisition led to a realignment of reportable segments into Stormwater and Wastewater, with Stormwater representing 78.6% and Wastewater 21.4% of fiscal 2026 revenue. The company also acquired Orenco Systems, Inc. in October 2024, enhancing its Wastewater segment, and continues to invest in sustainability and innovation, including a new $65 million Engineering and Technology Center.

Key Highlights

  • Completed acquisition of National Diversified Sales (NDS) on February 2, 2026.
  • Realigned reportable segments to Stormwater and Wastewater.
  • Stormwater segment accounted for 78.6% of fiscal 2026 revenue.
  • Wastewater segment accounted for 21.4% of fiscal 2026 revenue.
  • Acquired Orenco Systems, Inc. in October 2024, adding to Wastewater segment.
  • Processes over 1.0 billion pounds of virgin and recycled resin annually.
  • Opened $65 million ADS Engineering and Technology Center in October 2024.
  • Operates 64 manufacturing plants and 41 distribution centers globally.