---
schema_version: "secwatch.filing_event.v1"
accession: "0001604028-24-000035"
form_type: "8-K"
ticker: "WMS"
cik: "0001604028"
company_name: "ADVANCED DRAINAGE SYSTEMS, INC."
filed_at: "2024-08-20T23:59:59+00:00"
generated_at: "2026-05-31T08:28:13.074032+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# ADS subsidiary Infiltrator to acquire Orenco Systems, expanding advanced wastewater treatment

## Summary
- Definitive agreement: Infiltrator Water Technologies to acquire Orenco, a manufacturer of advanced onsite septic wastewater treatment products.
- Expected closing in Q3 fiscal 2025 (Oct-Dec 2024), subject to customary conditions; no deal value disclosed.
- Strategic rationale: enhances ADS's position in fragmented, fast-growing wastewater segment via combined sales, engineering, and distribution.
- Jefferies advised ADS; Raymond James acted for Orenco.

## SEC filing metadata
- accession: 0001604028-24-000035
- form_type: 8-K
- ticker: WMS
- cik: 0001604028
- company_name: ADVANCED DRAINAGE SYSTEMS, INC.
- filed_at: 2024-08-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604028/000160402824000035/0001604028-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604028/000160402824000035/wms-20240820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604028-24-000035
- JSON: https://secwatch.observer/filing/0001604028-24-000035.json
- Plain text: https://secwatch.observer/filing/0001604028-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.