Aegion Announces Acquisition of EN-TECH Corporation’s Cured-in-Place Lining Division
June 10 2022 - 3:35PM
Aegion Corporation, a leading provider of infrastructure
maintenance, rehabilitation, and technology-enabled water
solutions, today announced the acquisition of EN-TECH Corporation’s
cured-in-place pipe (CIPP) lining division.
EN-TECH, headquartered in Closter, N.J., has been a leading
provider of pipe maintenance and rehabilitation solutions across
the Northeast since 1983. The acquisition of EN-TECH’s CIPP lining
division will accelerate and innovate Aegion’s operational
capabilities, enhance its technological solutions, and expand its
geographic presence.
“We are excited to welcome the EN-TECH team to Aegion and widen
our geographic reach and service offerings to our customers,” said
Rob Tullman, President and CEO, Aegion. “This acquisition enables
the EN-TECH and Aegion teams to combine our expertise in operations
and manufacturing in order to position us for continued growth and
industry leadership.”
EN-TECH employees and facilities will continue to provide the
same quality CIPP services for which EN-TECH is known in New York
and New Jersey.
“We have enjoyed a long-standing business relationship with
Aegion for nearly three decades, and this transaction is an
exciting new chapter for us,” said Gene Camali, EN-TECH
Corporation. “Our shared values and focus on safety, quality, and
results make this transaction a natural next step for EN-TECH.”
About Aegion CorporationAegion combines
innovative technologies with market-leading expertise to maintain,
rehabilitate, and strengthen infrastructure around the world. Since
1971, the Company has played a pioneering role in rehabilitation
solutions for aging infrastructure, primarily pipelines in the
wastewater and potable water industries. Aegion is committed to
Stronger. Safer. Infrastructure.®
More information about Aegion can be found at
www.aegion.com.
About EN-TECHSince 1983,
EN-TECH has blended efficiency and ingenuity to affordably deliver
innovative results. EN-TECH is a leading provider of sewer
rehabilitation and concrete restoration solutions to serve client’s
needs from inspection through complete rehabilitation.
More information about EN-TECH can be found at
www.en-techcorp.com.
For more information, contact:Aegion
Corporation Beth KerleySenior Director, Communications
& Marketingcorpcomms@aegion.com
Aegion (NASDAQ:AEGN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Aegion (NASDAQ:AEGN)
Historical Stock Chart
From Sep 2023 to Sep 2024