Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam
Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam
St. Louis, MO October 25, 2018 – Perimeter Solutions, one of the world’s leading producers of fire retardants, foams, and water enhancing gels for managing wildland, industrial, and municipal fires, today announced it has agreed to acquire Solberg, the firefighting foam products division of Amerex Corporation. Solberg produces advanced firefighting foam concentrate technologies and markets those under three brands: RE-HEALING™, ARTIC™, and FIRE-BREAK™.
Solberg foam products address rising demand for technology that meet stringent fire performance criteria, and environmental safety standards. The Green Bay, Wisconsin-based company brings 50 years of foam technology formulating expertise to Perimeter Solutions, including a new generation of environmentally friendly technology free from fluorosurfactants and fluoropolymers.
“The addition of Solberg to the Perimeter family furthers our focus on advanced firefighting technology and expands our global reach in market-preferred foam products,” said Edward Goldberg, President & CEO, Perimeter Solutions. “We are excited to bring the best-in-class products and services to an expanding group of valued customers.”
Global Fire Suppressant Supply Position
Perimeter Solutions plans to integrate Solberg’s operations within its existing manufacturing and sales ecosystem to expand its global technology and supply position in fire suppressant foam technology.
“Perimeter is pushing to create new, highly effective, yet environmentally friendly fire suppressant products,” said Seth Barker, Commercial Director Suppressants, Perimeter Solutions. “We expect to combine Solberg’s employees and technologies with our own and leverage the expertise of both businesses to accelerate the creation of new products that surpass market expectations in the areas of performance and environmental protection. We are excited to add the Solberg team to Perimeter, and we look forward to working and growing together to offer our customers the best solutions in the market.”
Perimeter Solutions holds a major manufacturing position in Class A foam products for municipal and wildland firefighting in North America and is a top innovator with superior technology capabilities in the Class B foam market globally. The Solberg acquisition enhances Perimeter Solutions’ manufacturing capabilities with an additional state-of-the-art foam concentrate production facility in North America and expanded footprint in Europe and Asia Pacific.
Perimeter Solutions expects to close the transaction by year-end 2018.
About Perimeter Solutions
Headquartered in St. Louis, Missouri, Perimeter Solutions operates as a leading specialty chemicals business, producing high quality lubricant additives and firefighting chemicals with a broad product offering across fire retardant and fire suppressant foam applications. Perimeter Solutions is the only company with fire retardant products qualified for use by the US Forest Service (USFS). Perimeter Solutions produces major brands known throughout the world like Phos-Chek® and Fire-Trol® retardant, foam and gel products; Auxquimia® foam products; and Biogema® extinguishing agents and retardants. For more information, visit us at perimeter-solutions.com.