Romeoville, Ill.-based Metropolitan Industries, a water-management technology solutions company, recently closed the sale on acquiring Emecole.
Metropolitan Industries noted the sale shows a positive growth for the future of both companies and said acquisition transitions will follow in the months to come.
Founded and based in Romeoville, Emecole manufactures and distributes concrete repair chemicals and waterproofing solutions. For nearly 30 years, Emecole has been the industry leader in concrete repair chemicals and waterproofing solutions, Metropolitan noted. Emecole was founded by current President Louis Cole.
“Louis always carried the drive to reduce the labor and costs associated with leaking cracks from basement foundations,” Metropolitan stated. “In his career, he has been awarded 10 patents from creating his state-of-the-art low-pressure injection system that has become the leading industry standard for approaching concrete crack repairs.”
Metropolitan said the purchase allows it to cross-promote between the two businesses by allowing each company’s products to be sold in the territories covered by the other company. Emecole’s operations will remain in its existing facility presently, Metropolitan stated.
“We’re excited for the new team to strengthen the family business as we look forward to our commitment to continued growth and for Metropolitan to continue to be a market-leader in all our areas of business both today and tomorrow,” Metropolitan President John Kochan Jr. said.
With the acquisition, Metropolitan has unveiled a new logo and a company name — Emercole Metro.