Bayou Companies Completes Acquisition of Pipe Coating and Insulation Facility Located in Western Canada.

Business Wire | November 2, 2009 | Copyright

NEW IBERIA, La. -- The Bayou Companies, Inc. ("Bayou"), a subsidiary of Insituform Technologies, Inc. (Nasdaq Global Select Market: INSU), announced today the completion of its $12.25 million (CAN) acquisition of Garneau, Inc's pipe coating and insulation facility and associated assets located in Camrose, Alberta Canada. The acquisition was effected through Bayou Perma-Pipe Canada, Ltd. ("BPPC"), a joint venture between Bayou and Perma-Pipe, Inc. ("Perma-Pipe"), and will serve as the operating company for Bayou's Canadian operations.

Bayou announced its agreement to ...

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