Today SANEXEN Environmental Services Inc., a subsidiary of LOGISTEC Corporation, announced the acquisition of American Process Group (APG), an Edmonton, Alberta-based environmental industry leader, specializing in dredging, dewatering, and residuals management.
The $50 million acquisition is a significant step toward SANEXEN’s strategic plan to expand its innovative services both geographically and operationally as the company brings a collaborative approach to water main renewal, proven lead solutions, PFAS (Per- and polyfluoroalkyl substances) solutions and site remediation to new markets in Canada and the United States.
“We are very pleased to welcome APG to the SANEXEN family,” said Madeleine Paquin, president and CEO of LOGISTEC Corporation. “Together, we will be offering industrial and municipal clients a full-circle suite of solutions, providing new services in the communities where we are each well established. We will be able to build on our solid reputations to work closely with customers and municipalities across North America.”
APG is a family-owned company with a solid reputation in environmental and residuals management in Western Canada and throughout the U.S. It has been serving industrial clients including pulp and paper manufacturers and municipal and governmental agencies since 2004. APG’s in-depth experience in residuals management for water, wastewater and waterways includes the clean-up of lakes, lagoons, and industrial ponds. This is an ideal complement to SANEXEN’s suite of environmental solutions which use specialized and unique technologies to serve customers across North America.
“APG is excited to begin this next chapter of our journey, and what better way to reach more communities than with SANEXEN,” stated John and Colleen Prince, founders of APG. “Our goal has always been to provide environmental solutions that improve the life of the world in which we live which aligns very well with SANEXEN’s mission and values.”
LOGISTEC Corporation, based in Montreal, Quebec, provides specialized services in both the marine and environmental industries. Environmental services are offered through its subsidiaries SANEXEN Environmental Services Inc. and FER-PAL Construction Ltd.
“When LOGISTEC acquired SANEXEN almost 30 years ago, we knew that treating soil and water was the driving force behind everything we do,” added Paquin. “As we built up our expertise and our reputation over the decades, we have looked for new and innovative service offerings to add to our portfolio. With the acquisition of APG, we continue to work with the best and build on our role as leaders in environmental services.”
SANEXEN has been a leading provider of environmental solutions for the past 35 years. With its main focus areas — site remediation, major projects, infrastructure, soil and materials management, and water technologies — the growing company delivers creative and customized solutions to industrial, municipal, and governmental customers and partners.
Featured image from LOGISTEC and APG.