QualaWash Purchases PSC Container
Tampa, FL—January 10, 2011—QualaWash Holdings LLC, the largest independently owned provider of services for commercial and industrial portable liquid and dry bulk containers in North America, today announced it has signed a definitive stock purchase agreement with PSC to acquire 100 percent ownership of PSC Container Services, LLC.
"The addition of PSC Container Services substantially increases QualaWash’s nationwide service footprint to 53 locations giving us further reach to service shippers, carriers, and IBC operators," said Mike Bauer CEO, QualaWash. "This is the perfect combination of two companies with a commitment to safety and the environment. By bringing these two organizations together as one company, we have the opportunity to blend the talents of both teams, providing the bulk shipping industry with more logistics and service offerings."
"The strength of leadership on both teams is unparalleled in the industry," said Bruce Roberson President and CEO, PSC. "I’m confident that the leadership team will continue to build and grow a truly special company in the years ahead."
"PSC’s tank trailer cleaning business is complimentary to QualaWash’s existing business model," said Bauer, "but their concentration of IBC cleaning and reconditioning business also furthers our commitment to the IBC market, established through our recent acquisition of Manfredi Special Services."