Groupe Solmax Inc.

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Groupe Solmax Inc. - overview

Established

1981

Location

Quebec City, -, Canada

Primary Industry

Oil & Gas

About

Based in Quebec, Canada, and founded in 1981, Groupe Solmax Inc. operates as a geosynthetics manufacturer. The firm has plants in North America, Europe, Asia, and the Middle East, and its products are sold in over 60 countries. The company inaugurates a manufacturing plant in Asia in 2009, established Solmax USA, LLC in Houston, Texas, merged with GSE in 2017, became Solmax-GSE in 2018, announced that it will be known as Solmax in all of its operating territories in 2019, and entered into a purchase agreement to acquire TenCate Geosynthetics in 2021.


The firm offers products that contain, drain, and shield the soil, water, and air from toxins and pollutants in applications. The products also create a layer of protection between the firm's resource, the earth, and the waste and contaminants that result from mining, industries, human activities, and the use of fossil fuels. The company's products include polyethylene geomembrane liners and sheets, which provide a barrier function to protect the environment and contain liquids and gases, geosynthetic drainage geocomposites, which transmits fluids and gases in various conditions and are used for leak detection and collection, geotextile solutions, which make soils more manageable by separating and filtering or acting as a protection layer, geosynthetic clay liner bentoliner, which provide leak protection and waterproofing, pipeline protection, which provides a protective shield against damage from backfill material and land movement while maintaining cathodic flow in buried pipes, and geosynthetic clay liner gundseal, which is a one-product composite liner that can be used to act as barriers and provide leak protection and waterproofing. The company's revenue is generated by offering a range of specially designed solutions including custom fabrication or other containment, filtration, or environmental protection for the oil and gas, mining, water and waste management, agricultural, aquaculture, infrastructure, and alternative energy industries.


Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Equipment and Services, Environmental Services

Website

www.solmax.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Groupe Solmax Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedKoninklijke Ten Cate BV-

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