Durability + Design
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

D+D News

Main News Page


Safway to Merge with Brand Energy

Thursday, March 23, 2017

More items for Good Technical Practice

Comment | More

Safway Group (Waukesha, Wisconsin), a supplier of access equipment such as scaffolding and aerial access, plans to merge with Brand Energy & Infrastructure Services (Kennesaw, Georgia), which provides goods and services including access, corrosion management, coatings, insulation and formwork, according to the companies.

Financial terms of the deal, announced Monday (March 20), were not disclosed.

QuickDeck
Safway

Safway is best known for its access equipment, such as the QuickDeck system, pictured here.

Brand is a portfolio company of Clayton, Dubilier & Rice, and CD&R will be the controlling shareholder of the newly merged company, according to a jointly issued news release. Odyssey Investment Partners, which acquired Safway in 2009, will exit its investment.

The deal is expected to close in the third quarter of 2017, the companies say, and the new entity is expected to have annual sales of approximately $5 billion.

About the Companies

Safway, which operates in North America with worldwide distribution channels, includes brands like All-American Scaffold, CL Coatings, Redi Solutions and Swing Staging. The company, formed in 1936, serves the general construction, elevator, infrastructure, manufacturing, marine, petrochemical, power, and oil and gas industries.

Brand operates on six continents, serving the energy, industrial and infrastructure industries, providing services including abrasive blasting, coating, cathodic protection, corrosion-under-insulation management, insulation and access. Its brands include Matcor Inc. and Gregg Industrial Insulators.

“As a single enterprise, our customers will benefit from a broader range of solutions and greater depth, as well as expertise to provide exceptional service to industrial, commercial and infrastructure customers,” said Paul Wood, Brand chairman and CEO.

“We believe our customers will derive significant value through expanded services and expertise, increased geographic coverage and greater scale that will enhance our flexibility and responsiveness,” added Bill Hayes, president and CEO of Safway Group.

   

Tagged categories: Access; Acquisitions; Brand Energy & Infrastructure Services (BEIS); Business matters; Mergers; Oil and Gas; Safway

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
Keim Mineral Coatings
 
Mineral Silicate Paints + Stains Fuse to Concrete
 
• Forms permanent chemical bonds
• Becomes part of the concrete
• Will never peel
• Looks completely natural
 

 
Novatek Corporation
 
Novatek Portable Air Filtration Systems
 
Air Scrubbers/Negative Air machines for restoration, abatement, dust & odor control, hazardous contaminant removal from job sites to clean rooms and hospitals. Portable, affordable!
 

 
Shield Industries, Inc
 
FireGuard® E-84 Intumescent Coating - Shield Industries, Inc
 
Trust the certified protection of the industry’s most innovative intumescent coating FireGuard® E-84 to provide you with the 1 and 2 hour fire ratings you need.
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@durabilityanddesign.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 

© Copyright 2012-2018, Technology Publishing Co., All rights reserved