Aegion to buy Brinderson California-focused services provider

April 30, 2014

Aegion Corporation on April 29 announced the $150m purchase of integrated oil and gas services provider Brinderson and related entities. The Company expects to close the acquisition around 1 July.

Brinderson is a leading integrated service provider of maintenance, construction, engineering and turnaround activities for the upstream and downstream oil and gas markets. Primarily focused on serving large oil and gas customers in California, Brinderson's competitive advantages include its industry-leading safety record, a strong reputation for reliability and quality and comprehensive solutions needed for major refinery maintenance, repairs and retrofits. These core competencies position Brinderson to meet the growing demand for non-discretionary operating and maintenance expenditures.

Source: Aegion Press Office, 2014