10 October 2011 – American Environmental Group Ltd (AEGL) of Richfield, Ohio, announced today that it has completed the acquisition of Power Management, Inc. (PMI) of Goleta, California. Carl Apicella, President of AEGL, stated, “The merger of the PMI and AEGL teams creates a powerful force in the specialty environmental and energy services markets. Adding PMI’s southern and northern California operations centers also improves AEGL geographical coverage, and at the same time creates a national platform to deliver PMI’s services to power generation markets.”
AEGL continues its strategic growth plans that include diversification into complementary product and service offerings as well as geographic expansion, not only to broaden AEGL’s client base, but also to allow for more immediate response and enhanced client support. The PMI team joins AEGL following the firm’s recent acquisitions of the geosynthetics installation division of GSE, based in Houston, Texas, and Mid-American Lining Company, based in Union City, Tennessee.
“I am excited about combining PMI’s resources with AEGL, which will allow our energy services division to grow by capitalizing on the ongoing expansion of smaller power production facilities nationwide,” says Randy Chapman, PMI’s President and one of its founders. “Our west coast US operations will be expanded to serve clients’ projects east of the Mississippi, plus we intend to leverage our expansion within the broad AEGL client base. Our group of professionals are joining a team known for their dedication to providing consistent, quality services, and a firm that is financially strong and growing.”
PMI (http://powrmgt.com) will continue to operate out of their Goleta, California office as the Energy Services Division of AEGL.
ABOUT AEGL
Founded in 2002, American Environmental Group, Ltd. is a diversified environmental and energy services company, operating both nationally and internationally from a platform of operations centers throughout the US. With approximately 500 employees, AEGL delivers comprehensive services to its target markets including:
- Specialty landfill gas (LFG) construction and drilling, operation and maintenance of LFG and leachate control systems for open and closed landfill sites.
- Geosynthetic material supply, installation, and maintenance for solid and hazardous waste landfills, mining, environmental, and industrial clients.
- Operations and maintenance of power generation facilities and engines fueled by natural gas and gasses collected from landfills, sewage treatment plants, and anaerobic digesters.
For more information visit http://www.aegl.net.
