Kryton International buys Cementec6 November 2017
Canada - Vancouver-based Kryton International, manufacturer of crystalline concrete waterproofing, announced its acquisition of Calgary-based Cementec Industries, a concrete additive company for the construction, oil and gas industries.
Kryton said this acquisition demonstrates its commitment to innovation while complementing its existing lineup of smart concrete waterproofing solutions. "Hard-Cem, the integral concrete hardening admixture developed by Cementec, is an award-winning innovation which provides concrete with unmatched resistance to abrasion and erosion. With this admixture, concrete floors and infrastructure last up to six times longer than untreated concrete. As a result, costly repairs and the inconvenience of shutdowns can be avoided."
Cementec also manufactures Silica Fume products that are used to densify and strengthen concrete. These Cementec solutions can be used in conjunction with Kryton’s internal membrane system.
“The breakthrough concrete solutions developed by Cementec are technically superior and innovative. Not only do they increase infrastructure’s service life and eliminate exposure to harmful dust, Hard-Cem removes quality control issues and provides increased design flexibility. This will bring greater value to our customers,” said Kari Yuers, CEO of Kryton.
“Hard-Cem and Silica Fume will extend our product offerings in integral concrete durability, erosion and abrasion protection. We intend to be a go-to solutions provider to an industry that is increasingly concerned about protecting and extending the lifespan of concrete structures," said Kevin Yuers, vice-president of product development at Kryton.
“This is a perfect match of expertise and a shared mission in providing unique solutions, exemplary customer service and market leadership,” said Farid Remtulla, president of Cementec. “Kryton will offer global exposure for Cementec products.”