MLC has locked in the acquisition of Burnett Inc in a move that will expand its mineral solutions portfolio and operations.
Burnett has a focus on lime slurry, systems and services primarily used in water treatment , with MLC noting that the acquisition could also benefit other industrial applications.
“Municipalities need to deliver clean, potable water to their communities without fail, and they rely on lime for many processes,” MLC president and chief executive officer Paul Hogan said.
“This acquisition increases our ability to serve this critical market by expanding our lime solutions portfolio, supply chain network and expert teams. It also provides opportunities to add further value in other markets, adding performance to processes such as wastewater treatment and other industrial applications.
“Since the company’s founding, the Burnett family has continued to build on their vision by innovating unique solutions and going above and beyond for customers. I am thankful to the family for their leadership, as well as their collaboration throughout the acquisition process. We will continue to build on the legacy they created through continued growth, improvement and diversification.”
The deal includes four Burnett operations in the Southeast US, as well as trucking, CAL~FLO liquid lime solutions (high-quality calcium hydroxide slurry, patented slurry equipment and technical support) and the RE~MIN PROCESS (process technologies and support for operational excellence).
“It was important to select a buyer that shares our strategic vision, with a commitment to continue growing the business, treating people with integrity, building customer partnerships and providing the highest level of service,” Burnett Inc vice president and co-founder Hugh Burnett said.
“MLC has been a supplier and technical resource to Burnett for decades. Throughout that partnership, we have seen first-hand how the business mirrors our own priorities and values.”
