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Gonzales industrial service company buys Mississippi firm
2 months 3 weeks 2 days ago
Wednesday, December 30 2020
Dec 30, 2020
December 30, 2020 6:55 AM
December 30, 2020
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Source: Associated Press
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GONZALES, La. (AP) A Louisiana-based industrial services company has bought a Mississippi petrochemical maintenance business with international offices.
Specialty Welding and Turnarounds LLC of Gonzales has acquired Hydroprocessing Associates LLC for an undisclosed price, The Advocate of Baton Rouge reported.
Both companies have offices in California and Texas. Hydroprocessing Associates also has offices in Washington state, Germany, Singapore and Brazil.
Hydroprocessing Associates, based in Moss Point, Mississippi, is the first acquisition since New York private equity firm Orix Capital Partners bought a majority stake in Specialty Welding and Turnarounds in January.
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Specialty Welding and Turnarounds, LLC (SWAT), a leading provider of specialty welding and other highly technical services to the oil and gas refinery, biodiesel, petrochemical, and industrial markets, announced today the acquisition of Hydroprocessing Associates, LLC (HPA). Headquartered in Moss Point, MS, and with substantial operations across the South-Central and Western U.S., HPA provides specialized catalyst handling services for oil and gas refineries and petrochemical facilities. As part of the transaction, SWAT will also acquire Breathing Systems Inc. (BSI), a wholly-owned subsidiary of HPA which provides manufacturing, maintenance, and repair for NIOSH-approved life support systems worn by workers conducting catalyst change-out services.
Louisiana industrial service company buys Mississippi firm chron.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chron.com Daily Mail and Mail on Sunday newspapers.