Marine solutions firm VLS Environmental Solutions, LLC introduced it has actually obtained barge cleansing and also repair work backyard Plaquemine Point Shipyard (PPSY). Terms of the purchase were not revealed.
Based in Plaquemine, La., PPSY lies simply beyond Baton Rouge and also gives full-service barge cleansing and also repair work along theMississippi River PPSY will certainly run within the VLS Marine Services department, and also Wade Grundmeyer, VLS local vice head of state of Southeast Louisiana, will certainly run business reporting to Eddie Van Huis, VLS vice head of state of aquatic solutions.
“We are excited to expand our specialty cleaning and repair services with the acquisition of Plaquemine Point Shipyard,” kept in mind John Magee, ceo of VLS, a profile firm of personal equity companyAurora Capital Partners “We welcome the outstanding PPSY team to the VLS organization and are excited to utilize our combined strengths to continue providing high quality service to our customers in the region.”
“PPSY is a strategic acquisition that expands the geographic offering of our marine services business. VLS Marine has established itself as a leader along the Intracoastal Waterway, and we are excited to build upon that success with a location along the Mississippi River,” Van Huis claimed.
This procurement notes VLS’s 8th add-on procurement because partnering with Aurora Capital Partners in October 2017.
