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BrandSafway Acquires Forming Concepts

Monday, December 24, 2018

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Coatings and industrial solutions company BrandSafway (Kennesaw, Georgia) recently announced that it has acquired Forming Concepts, a provider of concrete formwork solutions in the United States.

“With their proven track record and extensive capabilities in providing self-climbing formwork solutions in the U.S. commercial construction market, Forming Concepts is a great fit for Aluma Systems and BrandSafway,” said Glen Teel, president of Global Forming and Shoring for BrandSafway.

Forming Concepts

Coatings and industrial solutions company BrandSafway (Kennesaw, Georgia) recently announced that it has acquired Forming Concepts, a provider of concrete formwork solutions in the United States.

“Forming Concepts has a portfolio of high-profile projects, including Resorts World in Las Vegas; the Salesforce Tower in San Francisco; the Trump Tower in Chicago; the FMC Tower in Philadelphia; and 10000 Santa Monica in Los Angeles. Their expertise and cutting-edge technology is a strong addition to the BrandSafway family of companies.”

Forming Concepts was founded in 1980 and is headquartered in Gilberts, Illinois, with a second location in Las Vegas. Moving forward, the company will be operate as Forming Concepts, By BrandSafway.

“We look forward to joining the BrandSafway family of companies,” said Norton Baum, one of the founders of Forming Concepts.

“This is an exciting opportunity for our business, our employees and our customers. Forming Concepts brings expertise in self-climbing formwork to BrandSafway. At the same time with the help of the Aluma Systems and BrandSafway teams, we will be able to provide an expanded range of products and services and offer additional expertise to our customers.”

Financial terms of the deal were not disclosed.

   

Tagged categories: Acquisitions; Business matters; Good Technical Practice; Mergers; North America

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