Harsco Acquires ESCO Interamerica

Harsco Acquires ESCO Interamerica

Harsco Corporation has acquired ESCO Interamerica, Ltda., one of Latin America’s engineering and equipment services providers to the infrastructure sector and a market leader in Central America and the Caribbean.??

The acquisition reflects the significant growth opportunities and operating synergies that the company expects to realize from its expanded footprint in the Latin American market. ESCO will be become a key part of the Harsco Infrastructure group’s Americas region operations, immediately expanding the group’s existing Latin America presence in Mexico, Chile and Peru with seven additional countries, including Colombia, Costa Rica, El Salvador, Guatemala, Panama, Trinidad and Tobago, and Puerto Rico, while increasing Harsco Infrastructure’s overall global footprint to more than 40 countries.??

The acquisition also gives Harsco Infrastructure a well-established platform for additional expansion throughout the Latin America market, particularly Brazil, where multi-billion dollar investments in public infrastructure, energy and tourism-related construction are anticipated. ESCO combines more than 50 years of scaffolding and formwork experience in the construction services industry with a strong leadership team. The company employs about 450 people and recorded 2008 sales of about $50 million.

Harsco Infrastructure is a newly created combination of three long-established Harsco companies: Patent in the Americas, and SGB and H??nnebeck in Europe, the Middle East and Asia.