Sealaska Environmental Services (SES), a wholly owned subsidiary of Sealaska Corporation, has purchased a majority ownership in two Native-owned environmental remediation companies, a move intended to help diversify and strengthen SES.
The acquisition gives SES a 51 percent ownership of Kingston Environmental Services, Inc., and sister company Kingston Supply Company, LLC. The two Kingston companies will operate as subsidiaries of SES. “These acquisitions significantly expand Sealaska Environmental Services’ capabilities and Sealaska’s presence in the industry,” said Sealaska President and CEO Chris E. McNeil, Jr. “The combined efforts of both SES and Kingston will contribute positively to Sealaska’s bottom line.”
Dr. Tom Cason will continue in his current position as president and CEO of the two Kingston companies, McNeil said. “Dr. Cason, who is a member of the Choctaw Nation of Oklahoma, brings exceptional qualifications and a highly regarded reputation in the industry,” he said.
Headquartered in Kansas City, Missouri, Kingston Environmental Services offers a range of environmental management services, from indoor air quality testing to hazardous waste management. Kingston Supply Corporation manages non-core contracts and services of the overall business. The company has recently worked in post-Hurricane Katrina Louisiana and is currently aiding in the clean-up of Greensburg, Kansas following May’s devastating tornado and flooding.
The acquisitions combine SES’s experience in environmental remediation project management with Kingston’s hands-on capabilities—enabling the companies to offer a broader range of services and pursue more complex, larger contracts, McNeil said. “Joining forces allows us to offer the full spectrum of environmental services through the three companies,” he said.