Safway buys Waco
By Safway Services
NewsNov. 14, 2011 – Safway Services has announced the acquisition of Waco Scaffolding and Equipment, a major provider of scaffolding and access equipment and services. Safway acquired the company in an auction held Nov. 10 as part of Waco’s bankruptcy proceedings.
“Purchasing Waco is an excellent fit for Safway,” said Marc Wilson, president and CEO of Safway Services. “The company has a
long-standing reputation in the scaffolding business and many loyal
customers. We look forward to working with Waco customers to demonstrate
our commitment to safety, performance and customer satisfaction.”
The sale was approved in bankruptcy court on Nov. 14. The deal
is expected to close by the end of November.
Headquartered in Cleveland, Ohio, Waco Scaffolding and Equipment
sells, rents, assembles and dismantles scaffolding and related access
products for the construction and shipbuilding industries. The company
was founded in 1945 and employs approximately 320 people in eight U.S.
offices.
Founded in 1936, Safway Services is headquartered in Waukesha, Wis.
Through its network of approximately 85 branch locations throughout the
U.S. and Canada, Safway provides scaffolding and access solutions for
commercial construction, industrial and infrastructure applications. Safway provides sales, rental, labor services,
training, engineering, design, safety and project management.
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