BGL Announces the Sale of Premier Oilfield Equipment to KAISER AG

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Jun 20, 2017, 12:49 ET

CHICAGO and CLEVELAND, June 20, 2017 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Premier Oilfield Equipment (Premier) to KAISER AG. BGL served as the exclusive financial advisor to Premier. The specific terms of the transaction were not disclosed.

Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Premier Oilfield Equipment (Premier) to KAISER AG. BGL served as the exclusive financial advisor to Premier. The specific terms of the transaction were not disclosed.

Premier is a leading designer and manufacturer of specialized vocational vacuum trucks in North America. The company offers a strong portfolio of proprietary, industry-leading hydro excavation trucks (Hydrovacs) which allow customers to safely and efficiently excavate soil and debris around critical assets at public utility pipelines, construction work sites, industrial manufacturing locations, and upstream and midstream oil and gas sites. In addition, Premier produces and sells specialized petroleum tanks and customized fluid storage and handling systems for the oil and gas market.

About KAISER AG
KAISER AG is a family-owned company based in Liechtenstein. Founded in 1913, KAISER has evolved to become an international industrial enterprise with sites in Liechtenstein, Italy, Finland, Austria, and Slovakia. The company's primary products are vehicles for sewer cleaning and industrial disposal, pumps and components, and mobile walking excavators. Today, KAISER vehicles are deployed on five continents, in 116 countries, and well over 1,000 cities.

About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer, Environmental & Industrial Services, Healthcare & Life Sciences, Industrials, and Real Estate. BGL has offices in Chicago, Cleveland, and Philadelphia and real estate offices in Chicago, Cleveland, Irvine, and San Antonio, in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.

SOURCE Brown Gibbons Lang & Company