Innovative Environmental Technologies, Inc. (IET) Announces the Aquisition of A E Drilling Services, LLC

Innovative Environmental Technologies, Inc. (IET) announced today that it has acquired A E Drilling Services, LLC. (A E) of Piedmont, South Carolina. The transaction combines the strengths of IET and AE businesses, therefore allowing IET to offer to their customers extended environmental and geotechnical drilling services in the Southeast region of the United States. AE customers will benefit from IET's 23 years of environmental remediation experience, as well as IET's patented technologies.
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PHILADELPHIA - Jan. 2, 2020 - PRLog -- Today Innovative Environmental Technologies, Inc. (IET) and  A E Drilling Services, LLC.(A E) are pleased to announce the integration of the A E Drilling Services equipment, personnel and expertise into the IET family.

"The acquisition of A E Drilling Services, LLC. more than doubles the size of IET's drilling services in the Southeast and combines two organizations with shared values of safety, client services and technical excellence," said Michael Scalzi, President of Innovative Environmental Technologies, Inc.  "Adding the AE business gives us the ability to better serve our clients regionally.  A E is known for their creative approach to complex environmental and geotechnical drilling projects."

"We are delighted by the opportunity the integration of our personnel and equipment into IET will offer to our customers.  The synergies of our companies were immediately apparent as soon as we began acquisition discussions," said Elizabeth Hammond President and CEO of A E Drilling Services, LLC.

The combined company will retain the Innovative Environmental Technologies, Inc. name.  The A E Drilling facility will operate as the South Carolina "Branch" of IET under the management of Randy Phillips, the former Vice President of A E Drilling Services, Inc.

About Innovative Environmental Technologies, Inc.

Innovative Environmental Technologies, Inc. (IET)  is the oldest and most respected remedial contractor providing patented and licensed in-situ injection services in the United States. Formed in 1998, IET provides turn-key design and implementation services to environmental consulting companies. Since 1998, IET has designed and implemented over 2,500 in-situ remediation projects. IET is committed to providing the most appropriate and cost-effective technology based solutions for a wide variety of impacted soils and groundwater. IET's sixteen (16) in-house patented, patent pending and licensed technologies allow for the in-situ treatment of chlorinated solvents, petroleum hydrocarbons, pesticides and heavy metals.

About A E Drilling Services, LLC.

A E Drilling Services, LLC., was founded in 2005.  Since its founding, A E Drilling Services has provided advanced drilling services to South Carolina, North Carolina, Georgia, Tennessee, Alabama, Mississippi and other southeastern states.  A E Drilling has provided reagent injection, remedial systems installations, geotechnical exploration/drilling, environmental well installation, soil sampling, chemical well rehabilitation, cathodic protection well drilling, bore hole surveying and more to their clients.  A E Drilling currently maintains a fleet of 10 drill rigs with various capabilities and a large fleet of support vehicles.


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