Safway completes merger to expand footprint

By Katherine Michalets - Freeman Staff

June 23, 2017

CITY OF PEWAUKEE - The Safway Group completed its merger Thursday with Brand Energy & Infrastructure Services.

The new name for the company is Brand Industrial Services, Inc. With nearly $5 billion in revenue, approximately 32,000 employees worldwide, and over 350 locations in 30 countries, Brand is a leading provider of specialized services to the global industrial, commercial and infrastructure end markets. The combined company will be able to support customersÕ required facility maintenance, turnaround and refurbishment needs as well as new construction, capital-driven upgrades and expansion plans.

The primary go-to-market name in the United States will be BrandSafway, along with other established and well-known company brands. In Canada, the primary go-to-market names will be AlumaSafway, Brand and Dalco. In international markets, existing brand names including Aluma Systems, Brand Energy & Infrastructure Services, HŸnnebeck, and SGB, will remain. Post-closing, all operating entities that have been part of Brand and Safway will be maintained to ensure a seamless transition for customers.

"This combination creates one integrated global specialized services organization, with broad capabilities and reach, focused on delivering more value for our customers in the industrial, commercial and infrastructure end markets," said Bill Hayes, previously the president and chief executive officer of Safway and now the president and CEO of Brand and a member of its board of directors, in a statement.

In addition to Hayes, the leadership of Brand comprises:

- Jim Walters, executive vice president and chief financial officer (former EVP and CFO, Safway)

- Dave Witsken, president, Energy & Industrial (former president of Global Industrial Services, BEIS)

- Jeff Sprau, president, Commercial & Industrial (former president of U.S. Division, Safway)

- Glen Teel, president, Global Forming & Shoring (former president of Global Forming and Shoring, BEIS)

Clayton, Dubilier & Rice, which has owned BEIS since 2013, is the controlling shareholder of the combined company. Odyssey Investment Partners, LLC, which acquired Safway in 2009, has exited its investment. Terms of the transaction were not disclosed.