Corrpro Canada Inc. Announces Acquisition of PureHM Assets

Corrpro Canada, Inc (“Corrpro”), a leading Canadian provider of cathodic corrosion protection services, is pleased to announce the expansion of its product offering with the acquisition of substantially all of the oil, gas and energy assets of PureHM Inc.. As part of the transaction, Corrpro has also acquired a global exclusive license to certain intellectual properties related to the acquired assets to be applied within the oil, gas and energy pipeline inspection business.

The acquisition enables Corrpro to provide solutions for regulated inspections of key pipeline infrastructure that deliver energy products. Corrpro uses best-in-class technologies and provides operators with actionable information needed to identify problem areas, reduce unnecessary pipeline repairs, and prolong asset life ensuring that pipelines are fit for service. Corrpro is now able to provide the Spectrum XLI and Armadillo tracking tools which are proven to increase efficiency and deliver high integrity pipeline data to our customers.

Geoff McFarlane, President & Chief Executive Officer of Corrpro commented, “We are very excited about the acquisition of the assets and technology license as it will allow Corrpro to grow our technology and product offerings. We have expanded our employee base and welcome the new employees who have recently joined Corrpro. We look forward to better serving our customers and continuing to improve the integrity of key energy infrastructure.”

Since the acquisition of Corrpro Canada, Inc. by PillarFour Capital Partners Inc. in May of 2024, Corrpro has broadened its team including the addition of an industry leading board of Directors, expanded its product offering in certain segments of the market and now added industry leading technology to its product offerings. We look forward to more exciting announcements and the roll out of these product offerings in the coming months and you can view all of our news announcements on our updated website here: https://corrprocanada.com/corrpro-canada-news/.

About Corrpro Canada, Inc.

Corrpro Canada is a provider of multi-discipline cathodic protection engineering and technical services offering an integrated asset protection and preservation capability, focused primarily on corrosion processes and cathodic protection.

For more information, please contact:

Corrpro Canada, Inc.