ZCL是北美的环保玻璃纤维增​​强塑料地下储罐制造商,用于燃料,水和废水以及石油和天然气市场。ZCL是复合罐工程的创新者,拥有近40年的垂直行业经验。

Shawcor完成对ZCL Composites的收购-复合材料网

Shawcor完成对ZCL Composites的收购

当ZCL于2007年收购Xerxes公司时,它汇集了北美两个领先的玻璃纤维罐品牌:ZCL(成立于1987年)和Xerxes(成立于1979年)。ZCL的产品包括地下复合材料罐和全套配件。ZCL在北美的六家UL认证或ULC上市制造厂确保能够及时为整个北美地区的坦克供应。ZCL的油箱由100%优质树脂和玻璃(无填料)制成,使其内外均具有耐腐蚀性。迄今为止,ZCL已经安装了大约25万个复合罐。

Shawcor首席执行官Steve Orr说:

“收购ZCL对Shawcor来说很有吸引力,因为它使我们能够利用我们的材料科学专业知识来拓宽我们的复合产品和服务。从财务角度来看,此次收购将为我们的股东带来有意义的增长,而不会有任何稀释,并进一步增加稳定性我们的收益基础。我们非常期待欢迎ZCL的员工加入Shawcor,并与我们一起努力解决客户的挑战。“

收购ZCL是Shawcor扩大其产品和服务产品战略的延续,从三个方面来看是一个极具吸引力的机会:

与Shawcor合作
ZCL的业务和Shawcor的业务都受到类似的长期基本面的支持,包括老化的基础设施,储备枯竭以及越来越多的公众和监管机构的审查。
这一组合拓宽了Shawcor对先进复合材料技术的应用,并利用其材料科学专业知识为客户提供优质的系统,满足其运输和存储需求。
提供机会利用Shawcor的运营优势来恢复ZCL的利润率。

加强Shawcor
使Shawcor能够扩大产品组合和潜在客户群,并将增加可服务的市场。
通过与能源市场保持同步运营的业务,提高Shawcor收益和现金流的稳定性。

使Shawcor能够
从分立产品和服务提供商发展到完整系统。
通过Shavcor全球石油和天然气分销渠道,通过ZCL完善的燃料分销渠道和ZCL的产品,创造出售Shawcor产品的机会。
为水和污水处理市场提供既定且可靠的切入点。

原文:

Shawcor completes acquisition of ZCL Composites

ZCL is North America’s manufacturer of environmentally friendly fiberglass reinforced plastic underground storage tanks for the fuel, water and wastewater and oil and gas markets. ZCL is an innovator in composite tank engineering, with nearly 40 years of direct industry experience.

When ZCL acquired Xerxes Corporation in 2007, it brought together North America’s two leading fiberglass tank brands: ZCL (founded in 1987) and Xerxes (founded in 1979). ZCL’s product offering includes underground composite tanks and a full complement of accessories. ZCL’s six UL-listed or ULC-listed manufacturing facilities across North America ensure that it is able to supply its tanks throughout North America in a timely manner. ZCL’s tanks are made of 100% premium resin and glass (no fillers), making them corrosion-resistant, both inside and out. To date, ZCL has installed approximately a quarter of a million composite tanks.

Steve Orr, Shawcor’s CEO, said:

"The acquisition of ZCL is compelling for Shawcor as it allows us to leverage our material science expertise to broaden our composite product and service offering. From a financial perspective, the acquisition will generate meaningful accretion to our shareholders without any dilution and add further stability to our earnings base. We are very much looking forward to welcoming ZCL’s employees to Shawcor and to working with them as we strive to address the challenges of our customers."

The acquisition of ZCL is a continuation of Shawcor’s strategy to broaden its product and service offering, and is an attractive opportunity from three perspectives:

Fit with Shawcor
ZCL’s business and Shawcor’s business are both supported by similar long-term fundamentals, including aging infrastructure, reserve depletion and increasing public and regulatory scrutiny.
The combination broadens Shawcor’s use of advanced composites technology and leverages its material science expertise to provide customers with superior systems for their conveyance and storage needs.
Provides an opportunity to leverage Shawcor’s operational strengths to restore ZCL’s margins.

Strengthens Shawcor
Gives Shawcor access to an expanded product portfolio and potential customer base and will increase addressable markets served.
Increases stability of Shawcor earnings and cash flow stream through a business that operates at arms-length to energy markets.

Enables Shawcor
Furthers evolution from a provider of discrete products and services to complete systems.
Creates opportunities to sell Shawcor’s products through ZCL’s well developed fuel distribution channels and ZCL’s products through Shawcor’s global oil and gas distribution channels.
Provides an established and credible entry point into the water and wastewater market.