{"id":15926,"date":"2018-10-25T14:02:04","date_gmt":"2018-10-25T14:02:04","guid":{"rendered":"https:\/\/demo.perimeter-solutions.com\/?p=15926"},"modified":"2018-10-25T14:02:04","modified_gmt":"2018-10-25T14:02:04","slug":"perimeter-solutions-acquires-solberg-company-expand-firefighting-foam","status":"publish","type":"post","link":"https:\/\/demo.perimeter-solutions.com\/en\/2018\/10\/perimeter-solutions-acquires-solberg-company-expand-firefighting-foam\/","title":{"rendered":"Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam"},"content":{"rendered":"<p><strong>Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam <\/strong><\/p>\n<p><strong><em>St. Louis, MO<\/em><\/strong><em> October 25, 2018 <\/em>\u2013 \u00a0Perimeter Solutions, one of the world\u2019s 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.\u00a0 Solberg produces advanced firefighting foam concentrate technologies and markets those under three brands: RE-HEALING\u2122, ARTIC\u2122, and FIRE-BREAK\u2122.<\/p>\n<p>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.<\/p>\n<p>\u201cThe addition of Solberg to the Perimeter family furthers our focus on advanced firefighting technology and expands our global reach in market-preferred foam products,\u201d said Edward Goldberg, President &amp; CEO, Perimeter Solutions.\u00a0\u201cWe are excited to bring the best-in-class products and services to an expanding group of valued customers.\u201d<\/p>\n<p><strong>Global Fire Suppressant Supply Position<\/strong><\/p>\n<p>Perimeter Solutions plans to integrate Solberg\u2019s operations within its existing manufacturing and sales ecosystem to expand its global technology and supply position in fire suppressant foam technology.<\/p>\n<p>\u201cPerimeter is pushing to create new, highly effective, yet environmentally friendly fire suppressant products,\u201d said Seth Barker, Commercial Director Suppressants, Perimeter Solutions. \u201cWe expect to combine Solberg\u2019s 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.\u201d<\/p>\n<p>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\u2019 manufacturing capabilities with an additional state-of-the-art foam concentrate production facility in North America and expanded footprint in Europe and Asia Pacific.<\/p>\n<p>Perimeter Solutions expects to close the transaction by year-end 2018.<\/p>\n<p><strong>About Perimeter Solutions<\/strong><\/p>\n<p>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<sup>\u00ae<\/sup> and Fire-Trol<sup>\u00ae<\/sup> retardant, foam and gel products; Auxquimia<sup>\u00ae<\/sup> foam products; and Biogema<sup>\u00ae<\/sup> extinguishing agents and retardants. For more information, visit us at perimeter-solutions.com.<\/p>\n<p><strong>Media Contact<\/strong><\/p>\n<p>Seth Barker<br \/>\nPerimeter Solutions<br \/>\nTel: +1-314-983-7524<br \/>\nE-mail: <a href=\"mailto:Seth.barker@perimeter-solutions.com\">Seth.barker@perimeter-solutions.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SK Capital, a private investment firm focused on the chemicals, specialty materials, and pharmaceuticals sectors, completed its previously announced acquisition of the Fire Safety and Oil Additives businesses of Israel Chemicals Ltd. (\u201cICL\u201d). The businesses have been renamed Perimeter Solutions (\u201cPerimeter\u201d or the \u201cCompany\u201d) and will be headquartered in St. Louis, Missouri.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-15926","post","type-post","status-publish","format-standard","hentry","category-business","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v23.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam - PS Demo site<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perimeter Solutions Acquires The Solberg Company to Expand Firefighting Foam\" \/>\n<meta property=\"og:description\" content=\"SK Capital, a private investment firm focused on the chemicals, specialty materials, and pharmaceuticals sectors, completed its previously announced acquisition of the Fire Safety and Oil Additives businesses of Israel Chemicals Ltd. 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