AEGN Aegion Corporation

Aegion Announces Acquisition of C&L Water Solutions, Inc.

Aegion Announces Acquisition of C&L Water Solutions, Inc.

The North American Leader in Technology-Enabled Water Solutions Continues Expansion

ST. LOUIS, Sept. 14, 2023 (GLOBE NEWSWIRE) -- , the leader in infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of C&L Water Solutions, Inc., a full-service trenchless pipeline rehabilitation service provider in Colorado. C&L Water Solutions plans to operate under its current company name in the near term.

Headquartered in Littleton, Colorado, C&L Water Solutions was founded in 1979 by Chrystalla and Larry Larson; the company grew to eventually include the Larsons’ sons, Jason and Christopher. Today, C&L Water Solutions delivers a variety of trenchless and specialty services ranging from UV cured-in-place pipe (CIPP) rehabilitation to on-call services, pipe bursting, slip lining, and bypass, among others.

“C&L has a legacy of providing best-in-class pipeline services in the West,” said Rob Tullman, President and CEO, Aegion. “In addition to broadening our footprint, C&L will enable us to provide a wider range of recurring maintenance services to our customers in the region.”

C&L Water Solutions employees and facilities will remain in place in Colorado and Utah under the leadership of Christopher Larson.

“We are thrilled to carry forward C&L’s culture and legacy into this new chapter with Aegion,” said Christopher Larson, COO, C&L Water Solutions. “The potential created through this acquisition will allow us to deliver to our customers on a whole new level.”

For more information, visit .

About Aegion Corporation

Aegion 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 .

About C&L Water Solutions

Since 1979, C&L Water Solutions has served communities by creating solutions for our nation’s water and sewer infrastructure. The company provides dynamic service and utilizes creative solutions to produce lasting relationships with clients and employees. C&L Water Solutions repairs, maintains, operates, and rehabilitates critical water and wastewater infrastructure in a variety of regions throughout the western United States.



For more information, contact:
Beth Kerley | Vice President, Communications | Aegion Corporation
 
EN
14/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Aegion Corporation

Aegion Corporation: Update to credit analysis

Our credit view of this issuer reflects its high financial leverage, offset by its leading market position.

Moody's Ratings affirms Aegion's B2 CFR and senior secured ratings; ou...

Moody's Ratings ("Moody's") affirmed Aegion Corporation's ("Aegion") B2 corporate family rating ("CFR"), B2-PD probability of default rating ("PDR") and B2 senior secured first lien term loan rating. Moody's assigned a B2 rating to the company's amended and extended $100 million senior secured first...

 PRESS RELEASE

Aegion Announces Acquisition of AP Civil Solutions, LLC

Aegion Announces Acquisition of AP Civil Solutions, LLC The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Utility Services ST. LOUIS, Oct. 18, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of AP Civil Solutions, LLC, a full-service water and wastewater maintenance company located in central Florida. AP Civil Solutions will now operate as part of , an Aegion portfolio company. Founded in 2016 by Anthony Bosco, AP Civil found its nic...

 PRESS RELEASE

Aegion Announces Acquisition of 11 Enviro Group

Aegion Announces Acquisition of 11 Enviro Group The North American Leader in Technology-Enabled Water Solutions Continues Expansion of Specialty Services ST. LOUIS, Oct. 02, 2023 (GLOBE NEWSWIRE) -- , the leading provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of 11 Enviro Group, a provider of assessment, maintenance, and trenchless services for water and wastewater pipelines in the New York City metropolitan area. 11 Enviro Group will now operate as part of EN-TECH Infrastructure, an Aegion portfolio company...

 PRESS RELEASE

Aegion Announces Acquisition of C&L Water Solutions, Inc.

Aegion Announces Acquisition of C&L Water Solutions, Inc. The North American Leader in Technology-Enabled Water Solutions Continues Expansion ST. LOUIS, Sept. 14, 2023 (GLOBE NEWSWIRE) -- , the leader in infrastructure maintenance, rehabilitation and technology-enabled water solutions, today announced the acquisition of C&L Water Solutions, Inc., a full-service trenchless pipeline rehabilitation service provider in Colorado. C&L Water Solutions plans to operate under its current company name in the near term. Headquartered in Littleton, Colorado, C&L Water Solutions was founded in 1979...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch