Azuria Water Solutions Expands with Miller Pipeline Division Acquisition

Deal News | Nov 06, 2024 | Globenewswire

Azuria Water Solutions Expands with Miller Pipeline Division Acquisition

Azuria Water Solutions, based in St. Louis, has announced the acquisition of assets from Miller Pipeline's municipal services division. The acquisition includes Miller Pipeline's cured-in-place pipe lining services, Expanded-In-Place PVC Lining Systems, and the manufacturing and installation of WEKO-SEAL for the water and wastewater market. This strategic move expands Azuria’s portfolio in municipal solutions, aligning with the company’s commitment to sustainable technologies in the water industry. The remaining products and services of Miller Pipeline will continue under its ownership, within the Artera Services umbrella. Chris Schuler from Miller Pipeline will join Azuria to lead the new division.

Sectors

  • Water Utilities
  • Construction Materials

Geography

  • United States – Both Azuria Water Solutions and Miller Pipeline operate in the U.S., and the acquired assets will serve the North American water infrastructure market.

Industry

  • Water Utilities – The acquisition involves key assets for water management, particularly in municipal water and wastewater services, expanding Azuria's capabilities in this sector.
  • Construction Materials – The transaction involves products like PVC lining systems and rubber leak clamps used in pipeline infrastructure, relevant to construction and infrastructure materials.

Financials

    Participants

    NameRoleTypeDescription
    Azuria Water SolutionsAcquirerCompanyAzuria is a provider of technology-enabled solutions for the water industry, focusing on sustainable products for pipeline infrastructure.
    Miller Pipeline LLCVendorCompanyMiller Pipeline is a natural gas distribution contractor that also operates in municipal water and wastewater utilities, and is part of Artera Services, LLC.
    Artera Services, LLCParent Company of VendorCompanyArtera Services is the parent company of Miller Pipeline, overseeing various utilities infrastructure businesses.
    Rob TullmanCEOPersonRob Tullman is the President and CEO of Azuria Water Solutions.
    Chris SchulerNew Division LeaderPersonChris Schuler was the Vice President of Municipal Services at Miller Pipeline and will lead the new team at Azuria.