California contractor Brinderson LP will join pipeline services conglomerate Aegion Corp. in a $150-million acquisition that closed July 1. The firms say the deal will help them gain a bigger share in oil-and-gas and mining markets.
Publicly-held Aegion, through such subsidiaries as Insituform, Corrpro Cos. and United Pipeline Systems, provides proprietary technologies and services for industrial pipelines and water, wastewater, energy and other infrastructure clients. The parent is based in Chesterfield, Mo.