Layne
Christensen Co. has announced its recent acquisition of Wildcat Civil Services,
a cured-in-place rehabilitation company based in Kiowa, Colo. Wildcat provides
pipeline rehabilitation services to clients along the Rocky
Mountain front range and throughout
the mid-central United
States. The purchase price was $8,885,000.
Larry
Purlee, president of Layne's full-service rehabilitation business, Reynolds
Inliner, says, "The Wildcat acquisition joins two cured-in-place lining
companies that individually bring added value, but together create significant
synergies. Reynolds has the Inliner technology and the capability to perform a
variety of other rehabilitative services for clients, and Wildcat provides the
avenue and added personnel through which we can provide those services to the
western United States.
The move gets Reynolds Inliner one step closer to nationwide coverage."
Tim
Carroll, manager of Wildcat's Colorado
division, states, "We are excited to become part of the nationally recognized
Inliner group. This relationship gives us access to technology and product
advances as well as additional resources that can help us improve and expand
our cured-in-place pipe and other rehabilitative capabilities."
Layne
Christensen Co. provides products and services for the water, mineral,
construction and energy markets.