The Canadian affiliate of Safway Group Holding LLC has acquired Dalco Services Inc, a Red Deer, Alberta-based provider of full-service lining, coating and abrasive blasting solutions throughout Western Canada. No financial terms were released. With the deal, Dalco will begin operating as an independent business under the Safway Group Canada umbrella. Safway Group Canada said the acquisition will provide expanded coating services to its customers. Waukesha, Wisconsin-based Safway Group, a scaffolding equipment provider, has been backed by U.S. private equity firm Odyssey Investment Partners since late 2009.
PRESS RELEASE
Safway Group Canada Acquires Dalco Services Inc.
Acquisition Provides Expansion Opportunity in Western Canada
August 24, 2016
CALGARY, AB–(Marketwired – August 24, 2016) – Safway Group Canada is pleased to announce that it has acquired Dalco Services Inc., effective August 24, 2016. Dalco provides full-service lining, coatings and abrasive solutions throughout Western Canada, specializing in 100% solid Epoxy spray applications and internal pipe lining; Sponge-Jet low-dust abrasive blasting; turnarounds; coating inspection; and in-field repair. Dalco will begin operating as Dalco, A Safway Group Company, an independent business under the Safway Group Canada umbrella.
“Dalco is a significant player in the region,” said Steve Wilson, president of Safway Group Canada, “and a great fit for Safway Group Canada. We have similar operating philosophies, with a passion for understanding customer needs and exceeding expectations. By leveraging the knowledge, capabilities and reputation of Dalco, we will be able to provide expanded coatings services to Safway Group Canada customers. At the same time, with our support, Dalco will now be able to offer their customers a broader inventory of access equipment and additional industrial services.”
With extensive experience in the oil and gas, mining and infrastructure industries and a team of NACE-certified coating inspectors, Dalco is prepared to inspect assets and provide comprehensive solutions, performing lining and coating projects in-field or in-house.
“We look forward to being part of Safway Group Canada,” said Derrin Dalton, president of Dalco. “With over 20 years of coatings experience and expertise, we will be able to help Safway Group Canada deliver seamless SIP (scaffolding, insulation and painting) and multiservice solutions throughout Western Canada. This is a terrific opportunity for Dalco and will allow our business and employees to continue to thrive and grow.”
Dalco is an innovative leader in the industry, developing a computerized, automated system to internally line pipes from three to 60 inches in diameter with 100% solid Epoxy materials. Dalco’s proven approach to solutions is driven by its clients’ requirements for long-lasting asset protection from the damage caused by corrosion and erosion. Dalco has been ISO 9001-2008 certified for over a decade and has maintained an ISO-formatted quality assurance program since 2004. Dalco has been SSPC QP1 certified for complex structures in the field since 2013.
Established in 1994, Dalco has two locations: (1) its headquarters in Red Deer, Alberta, which includes an abrasive blast building, automated paint line, QA/QC finishing area and an office, and (2) a branch located in the Lakeland area of Northeastern Alberta between Bonnyville and Cold Lake, Alberta.
About Safway Group Canada
As an industry leader with 15 locations, Safway Group Canada delivers safe, economical, high-performance access and industrial service solutions — THE SMART WAY®. From access and scaffolding equipment sales and rental, skilled labor and engineering, to insulation, coatings and project management, Safway Group Canada provides multiservice solutions for projects of any size and scope throughout the petrochemical, oil and gas, power, refining, marine, manufacturing, transportation and commercial construction industries.
About Safway Group
With 114 locations in the U.S. and Canada and a growing system of partners worldwide, Safway Group companies provide experience and expertise in access, scaffolding, insulation, fireproofing, surface preparation and coatings. Safway Group companies include All-American Scaffold; CL Coatings; Industrial Coatings & Fireproofing; MobleySafway; New England Scaffolding; Redi Solutions; Safway Atlantic; Safway Services; Safway Services Canada; S&E Bridge & Scaffold; and Swing Staging. With the largest engineering staff, an exclusive project management system, award-winning safety excellence and a full line of products and services, Safway Group companies design and implement innovative, quality solutions at the lowest installed cost for projects of any size and scope. Safway has been an industry leader since 1936. For more information about Safway Group, visit: www.safwaygroup.com.
Contact Information
Contact:
Karla Cuculi
Vice President of Communications
(262) 523-6580
karla.cuculi@safway.com
Photo courtesy of Dalco Services Inc
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