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Ergon acquires Pittsburgh-based Russell Standard
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Ergon acquires Pittsburgh-based Russell Standard
Ergon Asphalt & Emulsions purchased Russell Standard, a liquid asphalt and asphalt emulsions supplier and pavement preservation contractor based in Pittsburgh. FMI Capital Advisors, which served as the exclusive sell-side financial advisor to Russell Standard, reported the deal. According to FMI, Russell Standard dates back to 1929 when Niles Russell established an office for Tri-State Culvert Co. Today, the company operates eight terminals and …
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