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Perma-Pipe and Bayou acquire pipe coating and insulation facility for CAD12.25m(04 Nov 2009 02:33:00 EST)Multi-line company MFRI Inc said on Tuesday that its subsidiary Perma-Pipe Inc and The Bayou Companies Inc have completed their joint acquisition of a pipe coating and insulating facility in Canada for CAD12.25m. Perma-Pipe and Bayou purchased the facility in Camrose, Alberta, together with associated assets, from oilfield equipment manufacturer Garneau Inc. The acquisition was carried out thro...
