Baton Rouge’s Environmental Specialties International, which provides containment materials used in fracking, has acquired Patriot Environmental of Oklahoma.
The acquisition is designed to meet the growing demand for ESI’s products in the Permian Basin oil and gas formation in Texas. Founded in 2012, Patriot has offices in Odessa, Texas, and Meeker, Oklahoma. Both companies provide geosynthetic lining materials for water containment, and the acquisition will extend the Baton Rouge firm’s reach.
Founded in 1996, ESI has about 400 employees across the country, according to its website. Its headquarters are at Pecue Lane near Airline Highway. The company has installed 2.5 billion square feet of geosynthetic materials, working on more than 2,000 projects in all 50 states. ESI President Mark Dillon says Patriot’s culture will be a good fit for the company.
“Patriot’s sustained performance and exceptional relationships with customers are what attracted us to them,” he says in a statement. “We look forward to helping Patriot increase the value it provides to the oil and gas industry.” Read the full story about the merger from 10/12 Industry Report.