Brand Energy & Infrastructure Services (Brand) and Safway Group (Safway) have announced an agreement to combine, creating an integrated industrial and commercial services company. The combined business will have an estimated $5 billion in annual sales.
Brand, which operates on six continents from more than 210 branches, is a provider of specialized services including work access, corrosion management, atmospheric and immersion coatings, insulation services, fireproofing and refractory, mechanical services, forming and shoring and other complementary specialty services in the global energy, industrial and infrastructure markets. Safway is a leading provider of scaffolding and motorized aerial access solutions and insulation and coating services to commercial, industrial and infrastructure customers in North America.
The companies will continue to operate independently until the transaction closes.