Tensar International, supplier of geosynthetic soil reinforcement and stabilization products, announced the sale of its Endurablend Systems assets and business to Pavement Surface Coatings, LLC (PSC).
The sale will allow Tensar to re-focus certain assets and resources on its growing portfolio of site development solutions and pavement optimization technologies and was concluded after careful consideration of various options for either growing or divesting the business.
Endurablend Systems are a portfolio of polymer cement slurry surfacing products that are used in pavement preservation applications as well as in niche applications such as color surfacing, bridge deck sealing and aviation.
PSC views the Endurablend Systems business as core to its growth strategy and will assume many of Tensar’s Endurablend Systems customer relationships in the United States. Tensar will retain rights to the Endurablend Systems intellectual property in certain territories outside the United States.
Tensar will support PSC over the next several weeks as it transitions Endurablend Systems customers and vendors.