Newpark Mats and Integrated Services to Acquire Well Service Group (WSG) and Utility Access Solutions (UAS)
Newpark Resources is pleased to announce that they have entered into an agreement to acquire Well Service Group (WSG), a containment and well site service company, and its affiliate, Utility Access Solutions (UAS). The transaction is expected to close within 30 days.
Since 2012, WSG has been a strategic logistics and installation service partner for Newpark’s Mats & Integrated Services segment, providing a variety of complementary services to the composite matting systems including; access road construction, site planning and preparation, environmental protection, fluids and spill storage/containment, erosion control, and site restoration services.
WSG has not only served as a key partner of Newpark’s, but they have demonstrated unique capabilities, with a focus on superior customer service, as well as continual innovation. Newpark believes this acquisition will serve as a critical step in the execution of its long-term mats strategy and allow Newpark to not only offer turnkey, bundled services and increased value for our customers, but also continue to deliver industry-leading services and products our customers have come to expect.
PATHWAYS TO THE FUTURE
Newpark is the largest, most experienced manufacturer of heavy-duty composite matting systems in the world, providing leading-edge composite matting solutions to industries including oil & gas, utilities, pipeline, general construction, military, heavy haul, entertainment & film, sports arena and facility management, as well as other premium markets that require the durability and longevity of thermoplastic material for site access or temporary surfaces.
Our patented DURA-BASE® mats with their unique interlocking connection system are recognized worldwide as the preferred heavy duty working platform for temporary work sites and access roads. Our state of the art manufacturing process produces a one piece sealed mat that is simply the best product on the market.
At Newpark, we provide custom-engineered products and solutions that reduce cost, protect the environment, and provide high value for our customers. We are the only mat provider with a fully developed recycling program. Our mats never go to the landfill.
IF YOU USE DURA-BASE®, THEY WILL NEVER KNOW YOU WERE THERE.
Our custom-engineered single-piece, sealed construction advanced composite mats reduce costs, stabilize loads, and protect sensitive environments from spills.