BrandSafway acquires Brace Industrial Group

2021-11-11 07:28:46 By : Ms. Kitty Xu

August 3, 2021 09:59 ET | Source: BrandSafway BrandSafway

Kennesaw, Georgia, USA, August 3, 2021 (Global News Agency)-As BrandSafway continues to build the industry's most advanced, customer-centric visit and industrial solutions organization, the company announces the acquisition of Brace Industrial Group (Brace) , Including Brace Integrated Services and Platinum Professional Services and other affiliated Brace entities, effective August 2, 2021.

"Brace is a great fit for BrandSafway," said Karl Fessenden, President and CEO of BrandSafway. "Through cooperation, our combined company will create more value for our customers, employees and investors. We can provide a richer professionalism through a deeper and more experienced workbench and the widest range of products and services in the industry. Knowledge. We will be able to provide our customers with more things than ever before."

Brace has more than 2,000 employees and 23 branches, serving customers in the power, petrochemical, commercial construction and chemical markets. Brace provides scaffolding, insulation, fire protection, heat tracing, industrial siding and decoration, sandblasting, paint, specialty coatings, lead and asbestos abatement, concrete repair and refractory materials in the United States.

The combination with BrandSafway provides Brace with several key advantages. "Brace will have the resources to accelerate growth," Fessenden explained. "The company will also be able to leverage BrandSafway's support structure-from engineering, product development and supply chain, to business operations, digital technology and project control."

"BrandSafway and Brace have important complementary advantages in key areas," said Dave Witsken, President of BrandSafway's Industrial, Energy and Commercial Division. "We have a similar business philosophy, emphasizing the safety and excellence of customer service. When we combine our strengths and work together, we can expand our footprint in strategic end markets and service lines, and our combined customers will Obtain a larger equipment inventory and a wider range of solutions."

About BrandSafway BrandSafway is committed to taking safety as the primary value and providing the broadest solutions and deepest expertise for the industrial, commercial and infrastructure markets. Through a network of 360 strategic locations and more than 38,000 employees in 30 countries, BrandSafway provides a full range of molding, support, scaffolding, work channel and industrial service solutions. BrandSafway supports maintenance and renovation projects as well as new construction and expansion plans, with unparalleled services provided by local expert labor and management personnel. Today's BrandSafway is working for you®-using innovation and economies of scale to improve safety and productivity while remaining agile and responsive. For more information about BrandSafway, please visit www.brandsafway.com.