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Oldcastle Precast Inc. Acquires Assets of KriStar Enterprises Inc
Oldcastle Precast Inc., a leading solutions provider for North American infrastructure projects, announced today that it has acquired the assets of KriStar Enterprises Inc.
KriStar was founded in 1993 and has successfully developed innovative stormwater management products that meet the rigorous and evolving demands of Federal, State and local regulations. Oldcastle Precast will focus on marketing these solutions to regulators, owners, and civil and environmental engineers nationwide.
With a strong pipeline of innovation, Oldcastle Precast will now bring a full line of water conveyance, storage and treatment products to the marketplace. This acquisition follows Oldcastle Precast’s successful launch of StormCapture detention and retention products and will provide the entire treatment train solution that civil engineers, owners and contractors are demanding.
“This acquisition will strengthen Oldcastle Precast’s position in stormwater management throughout the U.S.,,” said Ray Rhees, Oldcastle Precast national sales president. “It will accelerate our ability to offer hydrodynamic separators, media filtration, drain inlet protection and LID products across the nation.”
Douglas Allard, CEO and president of KriStar said, “KriStar Enterprises is looking forward to being a part of the Oldcastle Precast family. The joint collaboration combines the expertise and experience of the national sales, engineering and marketing teams of both Oldcastle and KriStar and will only serve to enhance the customer service experience.”
Oldcastle Precast will offer the largest breadth of product in the industry, including the FloGard® Dual Vortex, FloGard® PerkFilter and Bio-Mod® brands.
Dave Steevens, president of Oldcastle Precast said, “The addition of these well-known brands and proven technologies, combined with our commitment to leadership in stormwater management, will allow owners and engineers a single source for design and selection of the optimal stormwater solutions for their projects.”
Oldcastle Precast will also continue to manufacture a broad range of stormwater products and alternative stormwater technologies marketed and sold by the company’s existing partners.
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