Matrix Service Co. pays less than $10M for Pelichem workers, assets

A Matrix Service Co. subsidiary has acquired assets and employees from Pelichem Industrial Cleaning Services LLC.
Modified: January 2, 2013 at 7:14 pm •  Published: January 3, 2013
Advertisement
;

IN BRIEF

Matrix pays less than $10M

for Pelichem workers, assets

A Matrix Service Co. subsidiary has acquired assets and employees from Pelichem Industrial Cleaning Services LLC. The Louisiana company has provided industrial cleaning services to customers in the refining and petrochemical industries for more than 10 years. Matrix Service Inc. CEO John Hewitt said the acquisition will help the company grow its industrial cleaning business. “Pelichem has been a premier provider of high quality industrial cleaning services for over a decade. We welcome their employees to the Matrix Service family and look forward to continuing to provide their customers with safe, high quality services.” Terms of the deal, which was less than $10 million, were not disclosed.

From staff reports



Trending Now


AROUND THE WEB

  1. 1
    The Spurs Have Quietly Re-Signed Their Entire Team, And It's Terrifying For The Rest Of The NBA
  2. 2
    Todd Akin Takes Back Apology Over 'Legitimate Rape' Theory
  3. 3
    22 Things You Should Never Do Again After 50
  4. 4
    Bartender Returns $200 She Stole 15 Years Ago
  5. 5
    Study: Most US Teens Can't Read Their Own Pay Stubs
+ show more