Corrosion and Abrasion Solutions Ltd. (CASL) acquires TSI Thermal Spray Industries Ltd.

EDMONTON, April 15, 2015 /CNW/ - Corrosion and Abrasion Solutions Ltd. (CASL) is pleased to announce that CASL has concluded a definitive agreement to acquire TSI Thermal Spray Industries Ltd. (TSI) effective immediately.

Terry Freeman, CASL Board Chair said "We are very excited to welcome the TSI team to the CASL family of companies. The combination of TSI with our existing Inotec business will make CASL a leader in corrosion solutions technologies and services using metals. The depth of experience and management capability that we have on a combined basis will be second to none in our industry."

Michael Hankirk, president of TSI said "With the addition of TSI, CASL now has the broadest suite of corrosion and abrasion resistance solutions available to the industrial sector in western Canada. We look forward to the many synergies this will provide to TSI's and CASL's customers."

TSI is based out of Fort Saskatchewan, Alberta. Leaders in pipeline wear protection; TSI produces a custom blended tungsten carbide overlay for tailings piping applications in the Oil Sands.

Mike Hankirk and Rob Longhe will continue to be integral parts of the TSI group as well as the growth and development of the CASL Metals business unit.

About CASL

CASL is focused on protecting the world's energy, mining and industrial infrastructure from wear caused by corrosion and abrasion through prevention and monitoring, surface improvement and innovative product and service development. The business is focused on building the industry leading corrosion solutions provider by attracting the best possible people, being progressive and innovative in solving problems and working with suppliers to develop solutions.

CASL currently operates under Unimin Canada Inc., Magnum Energy Services Ltd. Fuller Western, Christie Corrosion Control 1983 Ltd., Master Blasters, Inotec Coatings and Hydraulics and EnerClear Services Inc.

More information about CASL and its services can be found at www.casltd.ca

SOURCE Corrosion and Abrasion Solutions Ltd.

For further information: Brian Jones, MBA, (780) 221-8710, brian.jones@casltd.ca

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www.casltd.ca

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Corrosion and Abrasion Solutions Ltd.

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