# Solmax acquires GSE Environmental

Solmax Group acquired GSE Environmental, a US competitor based in Houston, Texas. The acquisition was supported by investments from Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ.

- Type: Acquisition
- Announced: 2017-12-20
- Where: Houston, Texas, United States
- Status: completed
- Products: polyethylene geomembranes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Fonds de solidarité FTQ](https://endata.com/companies/323.md) (investor)
- [Solmax Group](https://endata.com/companies/28963.md) (acquirer)
- [GSE Environmental](https://endata.com/companies/28964.md) (target)

## Sources

- [tvanouvelles.ca](https://www.tvanouvelles.ca/2017/12/20/solmax-se-paye-un-concurrent-americain), 2017-12-20: "Cette acquisition et la fusion de Solmax et GSE donnent naissance à un véritable chef de file mondial dans l'industrie."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.