GemSeal has acquired the branch operations and other assets of Professional Pavement Products (PPP), a distributor of asphalt pavement maintenance products for use by commercial contractors on asphalt parking surfaces surrounding retail, residential, commercial, and industrial properties.
“The six branches of PPP will be an excellent fit with GemSeal’s existing store and plant network and our outstanding distributors who sell GemSeal products. In addition, we will continue to sell the popular Prostripe paint line and Medallion additives, including highly-regarded Zoomflex. This acquisition is an important part of our strategy of national growth for our company and will provide opportunities to expand the product lines at both GemSeal One Stop Shops and the former PPP stores,” said Jeff Lax, President & CEO of GemSeal.
The PPP stores which GemSeal acquired are located in Jacksonville and Orlando, Florida; Charlotte and Cary (a Raleigh suburb), North Carolina; Houston, Texas; and Tulsa Oklahoma.
“We have been selling GemSeal products since 1996 and have a great relationship with the GemSeal team,” said Greg Driskell, President of PPP. “GemSeal is a perfect fit for our six branches and our people, who will see new opportunities for growth in a larger company. I am excited that our former employees will be joining a company that shares a focus on integrity, quality, customer service, and technical innovation. This sale will also enable the remaining PPP company to focus on development and sales of innovative traffic safety products that will save lives.”
Leading the combined distribution business for GemSeal will be Lee Lowis, a 40-year industry veteran with experience in manufacturing and distribution. He will also oversee the integration of the operations and personnel into GemSeal.
“GemSeal has been a leading sealcoat manufacturer since 1957, and we are fortunate to acquire another leading company and great employees with such a successful track record and solid reputation in the industry,” said Lowis. “Customers of PPP will continue to receive the great service to which they have been accustomed as we bring together two outstanding companies that are leaders in the pavement maintenance industry.”
Professional Pavement Products (PPP, Inc.) designs, develops and distributes roadway and transportation safety innovations. Since opening its doors in 1996, PPP has been dedicated to delivering high value solutions to the industry sectors it serves. As an industry leader with extensive experience in the roadway and transportation safety of all 50 U.S. states and more than 75 countries, PPP continues in the award-winning development and innovation of safe, smart, and simple roadway and transportation infrastructure safety solutions. Protecting the lives of motorists, bicyclists, pedestrians and passengers.