LSC Environmental Products Acquires Erosion Control and Revegetation Products Maker Mat.
MANews-(C)2009-2022
US-based private investment firm Ancor Capital Partners portfolio company LSC Environmental Products has acquired US-based erosion control and revegetation products manufacturer Mat, Inc, with facilities in Floodwood, Minnesota and Lenoir, North Carolina, the firm said.
The acquisition will augment LSC's already strong position as a leader in spray-applied environmental coatings and enhances LSC's ability to address the complex global issues related to soil stabilization, revegetation, remediation, and reclamation.
The combined organizations will continue to do business as LSC Environmental Products, LLC and will fully welcome 100% of Mat's team.
Joe Donze, CEO of LSC, will continue to oversee the expanded organization while Patti Karpik, president of Mat, will join LSC's dynamic executive leadership team.
The new organization will bring together two proven industry innovators with LSC having pioneered spray applied daily cover in the Solid Waste industry and Mat, Inc. developing the Erosion Control industry's first spray-applied Bonded Fiber Matrix product.
Mat's product portfolio, including...
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