Aegion Announces Acquisition of Standard Pipe Services
June 12 2023 - 5:00PM
Aegion Corporation, a leading provider of infrastructure
maintenance, rehabilitation and technology-enabled water solutions,
today announced the acquisition of Standard Pipe Services, a
preferred provider of trenchless repair services throughout the
Delaware-Maryland-Pennsylvania tri-state area. Standard Pipe
Services employees and facilities will remain in place in Delaware
operating under the Insituform name.
In 1999, Mark Schneider acquired a small,
three-person sanitary sewer rehabilitation company called Tri-State
Grouting. Since then, the company’s service offerings have evolved
over the last four decades to include Cured in Place Pipe,
grouting, clean and TV inspections, as well as geopolymer
application for both manhole and main line pipe rehabilitation.
“As an experienced trenchless rehabilitation
provider with complementary services, Standard Pipe Services is a
welcome addition to Aegion,” said Rob Tullman, President and CEO,
Aegion. “This acquisition broadens our Mid-Atlantic footprint and
bolsters our portfolio of industry-leading pipeline solutions.
Frank and his team have formed an outstanding company and we’re
excited to build off that foundation.”
In addition to organic growth, Standard Pipe
Services’ expansion can also be attributed to several acquisitions
and mergers that began in 1999 and culminated most recently in
2016.
“We have always sought out the best talent and
resources needed to meet any challenge and exceed expectations,”
said Frank Impagliazzo, President, Standard Pipe Services. “Now, we
look forward to building on our long-standing successes and growing
together as a member of the Insituform team.”
About Aegion CorporationAegion
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
www.aegion.com.
About Standard Pipe
ServicesStandard Pipe Services is a company based in Bear,
Delaware, that specializes in the cleaning, televising and
trenchless repair of storm and sanitary sewer pipe and
appurtenances. In business since 1976, the company has televised
over 1 million linear feet of pipe annually ranging in size from 4
inches to 60 inches.
For more information, contact:Beth Kerley |
Vice President, CommunicationsAegion
Corporationbkerley@aegion.com
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