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Fernco Inc. (CCI company), the global leading coupling manufacturer, has completed the acquisition of Source One Environmental (S1E), an infrastructure rehabilitation company and the original manufacturer of PipePatch.
Over 10 years ago, Source One Environmental emerged on the scene ahead of its time and caused a positive disruption to the infrastructure rehabilitation market. Starting with a vision to become the best in the industry, S1E has built and developed a product portfolio that has captivated the market. This merge comes at an ideal time to expand on the synergy and direction of the company. Source One will continue to deliver top notch service, while educating customers through its well-known training programs and customer service.
“This acquisition allows Source One Environmental to grow with endless opportunities,” said Mark Cooper, president of Fernco Inc.
“With the distribution and partnership support from Fernco Inc., Source One Environmental will continue our commitment of supporting our contractor base and distribution market,” said Ron Smith, president of Source One Environmental.