USL Group – parent company of Prime Resins – announced its acquisition of Logiball Inc. on Nov. 19. Logiball is a leading manufacturer of trenchless pipe rehabilitation equipment headquartered in Quebec, Canada.
Founded in the early 1980s, Logiball holds a leading position in the manufacturing and supply of inflatable pipe plugs and test-and-seal injection packers for the maintenance and trenchless rehabilitation of collection systems and gravity pipes compromised by groundwater intrusion – a sizable segment of the general infrastructure sector known as the inflow and infiltration (I&I) market.
Logiball’s main product range is test-and-seal injection packers, which are used to confine and apply grouts for the repair of points of water ingress and egress from pipes, such as leaking joints or cracks. Logiball is the primary producer of these specialized products, which has allowed the company to forge a strong position in the niche of the I&I market.
“This acquisition provides channel synergies for both Logiball and our Prime Resins business, which makes chemical grouts. It will enable both companies to expand their reach in the growing I&I market space by leveraging their joint reputations and product offerings” said John Taylor, director at USL Group. “Prime Resins has actively pursued growth in this market space, and the clear synergies with Logiball will lead to product improvement and expansion of use that will benefit the trenchless rehabilitation industry as a whole.”
Terms of the transaction were not disclosed.
Founded in 1981 – and acquired by RPM Inc. in 2009 – the USL Group of companies are market leaders in specialized civil engineering and construction solutions. Specializing in expansion joints, structural and liquid waterproofing, construction chemicals, concrete repair systems, injection resins and specialist safety and anti-slip products, USL Group has a comprehensive portfolio of products and a highly developed global network.
SOURCE – USL Group