Aegion

Aegion Selects Ivalua to Digitally Transform Procurement

Retrieved on: 
Thursday, August 11, 2022
Spend, Supply, SVP, Aegion, ESG, Company, Ageing, COO, Water, Maintenance, Procurement, Rehabilitation, Efficiency, Mining, Analysis, Construction

REDWOOD CITY, Calif., Aug. 11, 2022 /PRNewswire/ --Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement.

Key Points: 
  • REDWOOD CITY, Calif., Aug. 11, 2022 /PRNewswire/ --Ivalua, a global leader in spend management , today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement.
  • Aegion's procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line.
  • "Aegion's success is built upon innovative technologies, market-leading expertise, and continuous improvement," said Wilton Hockaday, SVP of Supply Chain and Manufacturing at Aegion.
  • "We are proud to welcome Aegion to the Ivalua community," said Dan Amzallag, COO of Ivalua.

IST-North America and MTC Announce Exclusive Distribution Partnership

Retrieved on: 
Friday, February 18, 2022
CEO, IST, Aegion, Partnership, MTC, CCTV, Industry, CIPP, GLOBE, LLC, UV, Sales, 3D printing

MTC will become the exclusive supplier of IST consumable products in North America beginning March 1, 2022.

Key Points: 
  • MTC will become the exclusive supplier of IST consumable products in North America beginning March 1, 2022.
  • The partnership will simplify and accelerate distribution of ISTs quality products, including CIPP liner kits, both traditional and UV cured, as well as T-wraps and a host of pipeline repair solutions.
  • Our exciting partnership with MTC will bring our consumable products to the companys expansive customer base.
  • Manufactured Technologies Corporation (MTC), a subsidiary of Aegion Corporation , provides high-quality CIPP liner products to the trenchless rehabilitation industry across North America and Europe.

Trends, Opportunities, and Forecast for Repair and Rehab in the Global Construction Industry to 2026 - ResearchAndMarkets.com

Retrieved on: 
Friday, November 12, 2021
Construction & Property, Other Construction & Property, Simpson, Weight, Maintenance, Rehabilitation, FRP, Carbon, APAC, Growth, Aegion, Construction, Solution

In this market, carbon fiber composite, and glass fiber composites are the major fibers utilize to manufacture composites systems for repair and rehab for the construction industry.

Key Points: 
  • In this market, carbon fiber composite, and glass fiber composites are the major fibers utilize to manufacture composites systems for repair and rehab for the construction industry.
  • It is also expected to witness the highest growth in the forecast period due to low cost, high resistance properties and chemical stability.
  • North America is expected to remain the largest market for composites repair and rehab in the global construction industry because of growth in infrastructural repair and rehab, especially in California which is the most affected state of natural calamities.
  • Some of the major system manufacturers for the composites repair and rehab in the global construction industry are Aegion, Sika, Mapei, Simpson, and Master Builders Solutions.

Aegion Completes Transaction with Affiliates of New Mountain Capital to Become a Private Company

Retrieved on: 
Monday, May 17, 2021
Finance, Money, Economy, Aegion, Private equity

LOUIS, May 17, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C.

Key Points: 
  • LOUIS, May 17, 2021 (GLOBE NEWSWIRE) -- Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C.
  • (\xe2\x80\x9cNew Mountain\xe2\x80\x9d) acquired all outstanding shares of Aegion for $30.00 per share in cash.\nAs a result of the transaction, Aegion has become a private company and its common stock will no longer be listed for trading on the Nasdaq stock market.
  • Infrastructure.\xc2\xae\nNew Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation.
  • The firm currently manages private equity, credit, net lease real estate and public equity funds with over $30 billion in assets under management.

Corrpro Congratulates 2021 AMPP/NACE Fellow Award Recipient David Kroon

Retrieved on: 
Wednesday, April 21, 2021
Corrosion prevention, Chemistry, NACE International, Physical sciences, Natural sciences, Cathodic protection, Aegion, Corrosion, NACE

LOUIS, April 21, 2021 (GLOBE NEWSWIRE) -- Corrpro , an Aegion Corporation (NASDAQ: AEGN) subsidiary offering complete cathodic-protection expertise and solutions for pipeline integrity and other critical infrastructure, today announced that David Kroon, Senior Vice President and Senior Fellow, is a 2021 recipient of the AMPP/NACE Fellow Award.

Key Points: 
  • LOUIS, April 21, 2021 (GLOBE NEWSWIRE) -- Corrpro , an Aegion Corporation (NASDAQ: AEGN) subsidiary offering complete cathodic-protection expertise and solutions for pipeline integrity and other critical infrastructure, today announced that David Kroon, Senior Vice President and Senior Fellow, is a 2021 recipient of the AMPP/NACE Fellow Award.
  • Kroon has more than 40 years of corrosion prevention experience, including materials performance, protective coatings, pipeline integrity, cathodic protection, and AC/DC interference mitigation.
  • As one of the founders of Corrpro, Mr. Kroon was President and Chief Engineer of Corrpro and made significant contributions to the development of pipeline and infrastructure assessment standards.
  • \xe2\x80\x9cHis recognition as a NACE Fellow is well deserved, and we are proud to have him on our team.\xe2\x80\x9d\nMr.

AEGION (AEGN) SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Aegion Corporation Following Announced Agreement to Sell the Company for $26.00 Per Share

Retrieved on: 
Saturday, March 13, 2021
Legal entities, Aegion, Limited liability company, NASDAQ, Companies, Finance, Economy of the United States

PHILADELPHIA, March 13, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Aegion Corporation (NASDAQ: AEGN) (Aegion or the Company)on behalf of the Companys shareholders.

Key Points: 
  • PHILADELPHIA, March 13, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Aegion Corporation (NASDAQ: AEGN) (Aegion or the Company)on behalf of the Companys shareholders.
  • On February 16, 2021, Aegion announced that it had entered into an agreement to be acquired by affiliates of investment firm New Mountain Capital, L.L.C.
  • Aegion shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.)
  • Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation.

Aegion Confirms Receipt of Unsolicited Acquisition Proposal

Retrieved on: 
Friday, March 12, 2021
Articles, Business, Law, Contract law, Aegion, Centerview Partners, Shearman & Sterling, Board of directors, Shearman, Due diligence

ST. LOUIS, March 12, 2021 (GLOBE NEWSWIRE) -- Aegion (NASDAQ:AEGN) today confirmed that it has received an unsolicited non-binding proposal (the Proposal) from another party to acquire Aegion, subject to certain conditions, including due diligence.

Key Points: 
  • ST. LOUIS, March 12, 2021 (GLOBE NEWSWIRE) -- Aegion (NASDAQ:AEGN) today confirmed that it has received an unsolicited non-binding proposal (the Proposal) from another party to acquire Aegion, subject to certain conditions, including due diligence.
  • Aegions Board of Directors has not made any determination as to whether the Proposal constitutes or could reasonably be expected to result in a superior proposal under the terms of the Pending Merger Agreement.
  • There can be no assurance that any transaction or definitive agreement will result from this Proposal.
  • Centerview Partners LLC is serving as exclusive financial advisor to Aegion, and Shearman & Sterling is serving as legal counsel.

Lou Hall Named Vice President of Operations at Total-Western, Inc.

Retrieved on: 
Thursday, March 4, 2021
Companies, Oil companies, Aegion, Total SE

PARAMOUNT, Calif., March 4, 2021 /PRNewswire/ -- Total-Western , subsidiary to Total-American, Inc., has announced Lou Hall as its new Vice President of Operations.

Key Points: 
  • PARAMOUNT, Calif., March 4, 2021 /PRNewswire/ -- Total-Western , subsidiary to Total-American, Inc., has announced Lou Hall as its new Vice President of Operations.
  • "I am excited with this latest addition to the leadership team here at Total-Western," said Payman Farrokhyar, President of Total-Western.
  • With more than 30 years' experience in Construction and Operations Management, Mr. Hall recently served as Senior Vice President at Aegion Corporation.
  • Total-Western provides comprehensive design-assist, construction, maintenance, operations, fabrication, and specialty services to customer assets throughout the Western and Mid-Western United States.

AEGION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Aegion Corporation - AEGN

Retrieved on: 
Wednesday, February 24, 2021
Legal, Professional services, Foti, Aegion, KSF

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Aegion Corporation (NasdaqGS: AEGN) to affiliates of New Mountain Capital, L.L.C.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Aegion Corporation (NasdaqGS: AEGN) to affiliates of New Mountain Capital, L.L.C.
  • Under the terms of the proposed transaction, shareholders of Aegion will receive only $26.00 in cash for each share of Aegion that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Alexander J. Buehler Named President and CEO of The Brock Group

Retrieved on: 
Monday, February 22, 2021
Insituform, Aegion, Energy recovery, Brock, Companies, Economy of the United States

HOUSTON, Feb. 22, 2021 /PRNewswire/ -- The Brock Group announced today that Alexander J. Buehler is joining the company as President and Chief Executive Office.

Key Points: 
  • HOUSTON, Feb. 22, 2021 /PRNewswire/ -- The Brock Group announced today that Alexander J. Buehler is joining the company as President and Chief Executive Office.
  • Previously, Alex was President and CEO of Energy Maintenance Services (EMS) and held executive positions with Energy Recovery and Insituform Technologies (now Aegion Corporation).
  • "We are extremely pleased to introduce Alex as the new President and CEO for Brock," said Randall Swift, Partner at American Industrial Partners (AIP).
  • For more information on the Brock Group, visit www.brockgroup.com or call (281) 807-8200