Following the August 22 official announcement by Raven Industries that it had signed an agreement to acquire Colorado Lining International, CLI President John Heap issued the following statement. (NOTE: Images and links added by Geosynthetica.)
CLI STATEMENT ON ACQUISITION
This acquisition will strengthen Colorado Lining International’s product offerings and expand their value proposition within the geosynthetic industry by joining forces with one of the most advanced geomembrane manufacturers in the nation. Raven will become a full-service geosynthetics provider offering product design, manufacturing, fabrication, and installation services. In addition to this internal installation capacity, we will continue to work with proven installers across the country to provide exceptional service. Being closer to the end user will allow Raven to develop better solutions and more innovative products for our customers.
As a customer, you will have more choices of specialty geosynthetic materials, fabrication, and installation options than ever before.
- Colorado Lining International and Raven will now have custom fabrication facilities located in four states including SD, CO, TX, and CA, with headquarters in Sioux Falls, SD.
- You can continue to work with the Colorado Lining International sales team.
- You can expect to receive the same comprehensive service as we integrate this acquisition, with additional product offerings coming soon.
- Raven’s advanced product development capabilities will allow you access to new custom design film and sheet solutions.
Sincerely, John Heap