Contech acquires Armortec
MIDDLETOWN, OH, Nov. 7, 2005 -- Contech Construction Products Inc. announced today that it has finalized its acquisition of the Armortec® business of Lee Brick and Block LLC, Bowling Green, Ky.
Armortec is a leading provider of concrete erosion control systems. Armortec solutions are widely used in shoreline protection, bridge scour, dam overtopping and channel lining applications. "Contech's strategic growth opportunities are in the bridge and stormwater industries," said Patrick M. Harlow, Contech president. "The Armortec product line spans both of our key growth areas, enabling us to further expand our capabilities in these flourishing markets." According to Harlow, Contech has successfully distributed Armortec's products nationally for the last three years in a marketing venture with Lee Brick and Block. Completing the Armortec acquisition solidifies the resources necessary to improve customer service and product acceptance. It also assists Contech in achieving its goal of expanded participation in stormwater markets.
Armortec will operate as an autonomous division of Contech. Lee Brick and Block will continue to be a major supplier to Armortec.
This purchase is Contech's ninth major acquisition in the past six years. The company has pursued its growth and diversification strategy through a series of acquisitions, primarily in the bridge and stormwater markets including: Keystone Retaining Walls, Continental Bridge, Steadfast Bridge, BEBO Concrete Arch Structures, Vortechnics Inc., Stormwater Management Inc., BridgeTek LLC and CON/SPAN Bridge Systems Ltd.
Contech (www.contech-cpi.com) is a leading civil engineering site solutions products and services company. Privately owned with headquarters in Middletown, Ohio, it's the only nationwide provider of corrugated metal and plastic pipe, detention/retention systems, geogrid and geotextile materials, erosion control products, bridge structures, retaining wall systems and stormwater treatment solutions. Its product portfolio is based on more than a century of research and practical field experience serving the highway, drainage, sewage and site-improvement markets.
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