Perimeter Solutions SA (PRM) Bolsters Environmental Services with LMS Manufacturing Acquisition
- PRM expands its environmental services by acquiring LMS Manufacturing, enhancing expertise in remediation solutions.
- The acquisition strengthens PRM's capabilities in design, fabrication, installation, and repair of remediation systems.
- PRM aims to increase its competitive edge in environmental remediation, particularly in the landfill gas market.
PRM Enhances Environmental Services with Strategic Acquisition of LMS Manufacturing
Product Recovery Management, Inc. (PRM) expands its operational footprint in the environmental sector by acquiring LMS Manufacturing and Metal Fabrication, a well-established company in Marianna, Florida. Founded in 1983, LMS has transitioned from a traditional metal fabrication and machining service provider to a company with significant capabilities in environmental remediation. This acquisition marks a pivotal moment for PRM, as it not only increases its presence in the Southeastern United States but also enriches its workforce with a team of seasoned professionals. The combined expertise of mechanical and electrical engineers, designers, fabricators, and field technicians, who collectively boast over 100 years of experience, positions PRM to deliver enhanced solutions in environmental remediation.
The integration of LMS’s services into PRM's existing offerings is set to strengthen its capabilities in areas such as remediation system design, fabrication, installation, and repair. With LMS’s historical focus on environmental services since 2003, PRM can leverage this expertise to enhance its project execution and innovation in tackling complex environmental challenges. Notably, this acquisition aligns with PRM's broader strategy to diversify and strengthen its service portfolio. By incorporating LMS’s specialized skills, PRM increases its competitive edge in the environmental remediation landscape, particularly in the burgeoning landfill gas market, which requires advanced technical solutions and reliable service delivery.
Furthermore, the acquisition underscores PRM's commitment to growth and excellence in the environmental sector. Established in 1990 as a subsidiary of Phillips Electric Company, PRM has continually expanded its reach, successfully completing significant projects across multiple countries. The company's relocation to a larger facility in Butner, North Carolina, in 2014 exemplifies its growth trajectory. As a recognized Equipment Integrator certified to manufacture Treatment Systems and Equipment to UL and NFPA standards, PRM is poised to enhance its market presence through this strategic acquisition. This development not only solidifies PRM's position as a leader in environmental solutions but also demonstrates its commitment to addressing the evolving needs of the industry.
In addition to the acquisition, PRM operates an online sales division named PRMFiltration, which provides various filtration, plumbing, electrical, and industrial parts. This segment of their business complements their core services and offers customers a one-stop shop for essential components. As PRM continues to innovate and expand, it remains dedicated to providing high-quality solutions for environmental remediation and related sectors, ensuring a sustainable future for its clients and the communities it serves.