Specialty cleaning and waste processing services firm VLS Recovery has acquired the cleaning and repair division of Tubal-Cain, including its Lake Charles facility.
At its Lake Charles and Port Arthur, Texas facilities, Tubal-Cain provides cleaning, repair and gas freeing services primarily to the U.S. inland tank barge industry. VLS also acquired Tubal-Cain’s industrial services division, which provides mobile tank cleaning services to petrochemical facilities and refineries.
Terms of the transaction were not disclosed. As part of the transaction, the Tubal-Cain facilities will be renamed VLS Marine Services. TCMS President Eddie Van Huis will continue to run the business.
“We have been evaluating the marine services space as a potential adjacent growth avenue for VLS for quite some time,” CEO Mike Dilick said in a statement issued Monday. “This expansion of our service offerings will help us to better serve our petrochemical and refinery customers that continue to add production capacity along the Gulf Coast.”
Van Huis said the acquisition will allow Tubal-Cain to expand its reach.
This acquisition marks VLS Recovery’s fourth add-on acquisition since being acquired by Aurora Capital Partners in October 2017, following the acquisition of Venti Industrial and Beauchan Rail Services in 2018 and NuEarth in 2019.
