Le Lézard
Classified in: Transportation
Subjects: Photo/Multimedia, Merger/Acquisition

S&B Acquires CAPE's Fuels Businesses

S&B Infrastructure, Ltd. (S&B) today announced it acquired the domestic and international fuels business of the government and private sector contractor, Cape Environmental Management Inc. (CAPE), for an undisclosed amount.

"We are thrilled at the prospects the acquisition brings to S&B and our clients," said Daniel Rios, president of S&B Infrastructure. "The acquisition strengthens our existing infrastructure capabilities to build or repair, as well as provide critical maintenance services for clients in government, energy, aviation, power, and more."

The acquisition enables S&B to deliver specialized fueling systems to various industries, including aviation, specifically supporting aircraft fueling, commercial airports and military airfields to provide efficient, safe servicing between flights. The acquisition also allows S&B to offer in-house industrial services, including storage tank construction and repairs, specialized coatings and linings, and other critical maintenance and construction services. "Adding these services to our existing capabilities allows greater collaborative problem-solving and innovation in the field, resulting in reduced costs and increased efficiency for clients," said Troy Blackmon, senior vice president of construction for S&B Infrastructure.

In addition to expanded capabilities, the acquisition also increases S&B's geographic footprint. As part of the transaction, S&B will add offices in Florida, Alabama, the Caribbean Islands, and South America.

Up to 90 people from CAPE are expected to join S&B. "We believe our culture will be a great fit for the new employees, and we're happy to welcome them to the S&B family," said Rios. "We look forward to growing our expertise, continuing our focus on project execution, and delivering even greater quality to our clients."

About S&B Infrastructure, Ltd.

S&B Infrastructure, Ltd. was established in 1994 (one of the largest privately-owned engineering firms in the state of Texas). S&B provides planning, multi-discipline engineering design, and construction phase services for transportation, federal, public works and facilities. S&B provides services to both public- and private-sector clients. The company aspires to be the leader in providing quality professional design services and innovative, cost-effective construction solutions to meet client expectations. S&B provides an ethical environment that empowers employees to grow and contribute to the quality of life in the communities that S&B serves. S&B Infrastructure, Ltd. is part of the broader S&B family of companies, including S&B Engineers and Constructors, Ltd. Connect with us on Linkedin.

These press releases may also interest you

27 nov 2021
Auto Simple has opened a new dealership in Huntsville, Alabama. It is a Buy Here Pay Here dealership and a one-stop destination for purchasing used vehicles. The dealership's inventory is packed with good quality and affordable vehicles of big brands...

27 nov 2021
Chinese and Italian Gen-Zers had a close look at each other at an online exchange activity held by China Eastern Airlines (CEA) on Nov. 24. The exchange activity, titled CEAir On Air, was joined by over 40 zoomers, as well as their teachers, from...

26 nov 2021
The unmanned underwater vehicles market size is expected to increase by USD 1.91 bn from 2020 to 2025, according to the latest research report from Technavio. The growth momentum of the market is expected to decelerate at a CAGR of 13.77%. This...

26 nov 2021
The cold storage market size is expected to increase by USD 31.97 bn from 2020 to 2025, registering a CAGR of  2.79%, according to the latest research report from Technavio. This exclusive report describes market scenarios, estimates, and customer...

26 nov 2021
LATAM Airlines Group S.A. ("LATAM") (SSE: LTM) and its affiliates in Brazil, Chile, Colombia, Ecuador, Peru, and the United States today announced the filing of a Plan of Reorganization (the "Plan"), which reflects the path forward for the group to...

26 nov 2021
The railroad market is expected to witness the emergence of BNSF Railway Co. and Canadian National Railway Co. as some of the key vendors. The market size is expected to increase by USD 336.90 bn from 2020 to 2025, registering a CAGR of 10.14%,...

News published on 28 september 2020 at 11:40 and distributed by: