On the Record · Aegion

Aegion acquisitions, on the record

The businesses Aegion bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
The Bayou Companies, LLC (Bayou) and Bayou Wasco Insulation LLC Word for word“On August 31, 2018, we sold substantially all of the assets of Bayou and our ownership interest in Bayou Wasco Insulation LLC, which collectively had been held for sale as part of the 2017 Restructuring and reflected our desire to reduce further our exposure in the North American upstream oil and gas markets.” 10-K for 2018	divestiture	On August 31, 2018	—
CIPP operations in Denmark Word for word“On November 1, 2018, we sold substantially all of the fixed assets and inventory from our CIPP operations in Denmark.” 10-K for 2018	divestiture	On November 1, 2018	—
Bayou Perma-Pipe Canada, Ltd. (BPPC) Word for word“(ii) reduced Corrosion Protection’s upstream exposure by divesting our interest in Bayou Perma-Pipe Canada, Ltd. (“BPPC”), our Canadian pipe coating joint venture; (iii) right-sized Corrosion Protection to compete more effectively; and (iv) reduced corporate and other operating costs.” 10-K for 2018	divestiture	—	—
CIPP operations in Australia Word for word“Discussions are underway with a prospective buyer for the sale of the Australia CIPP business.” 10-K for 2018	agreed divestiture	—	—
Corrpower International Limited and Aegion South Africa Proprietary Limited Word for word“During the first quarter of 2019, we entered into discussions with prospective buyers regarding the sale of our interests in Corrpower International Limited and Aegion South Africa Proprietary Limited.” 10-K for 2018	agreed divestiture	—	—
Denmark Word for word“Operating income for 2018 includes: (i) $16.1 million of restructuring charges (see Note 4); and (ii) $0.4 million of cost incurred related to the disposition of Denmark.” 10-K for 2019	divestiture	2018	—
Environmental Techniques Word for word“Operating loss for 2017 includes: (i) $17.5 million of restructuring charges (see Note 4); (ii) $45.4 million of goodwill impairment charges (see Note 2); (iii) $41.0 million of definite-lived intangible asset impairment charges (see Note 2); and (iv) $0.1 million of costs incurred related to the acquisition of Environmental Techniques.” 10-K for 2019	acquisition	2017	—
CIPP operations in Australia and Denmark Word for word“Includes charges primarily related to certain wind-down costs, allowances for accounts receivable, fixed asset disposals and other restructuring-related costs in connection with exiting non-pipe-related contract applications for the Tyfo system in North America, divesting the CIPP operations in Australia and Denmark, and exiting the cathodic protection operations in the Middle East.” 10-K for 2019	divestiture	—	—
Bayou Word for word“Operating income for 2018 includes: (i) $7.6 million of restructuring charges (see Note 4); and (ii) $2.5 million of costs incurred related to the divestiture of Bayou.” 10-K for 2019	divestiture	2018	—
Hebna Word for word“During 2018, the Company recorded goodwill of $2.7 million and $1.3 million related to the acquisitions of Hebna and P2S, respectively (see Note 1).” 10-K for 2019	acquisition	2018	—
P2S Word for word“During 2018, the Company recorded goodwill of $2.7 million and $1.3 million related to the acquisitions of Hebna and P2S, respectively (see Note 1).” 10-K for 2019	acquisition	2018	—
Amounts exclude contract assets held for sale at December 31, 2019 (see Note 6) Word for word“Amounts exclude contract assets of $5.4 million and contract liabilities of $0.1 million that were classified as held for sale at December 31, 2019 (see Note 6).” 10-K for 2019	agreed divestiture	—	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$84.7 million	$0	$50.6 million
2017-12-31	$9 million	$0	$3.4 million
2018-12-31	$6 million	$37.9 million	$4 million
2019-12-31	$0	$0	—
2020-12-31	$0	$3.6 million	—

Deal filings since 2016

2021-05-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-02-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-02-24 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-01-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Aegion’s annual reports (10-K for 2020, 10-K for 2019, 10-K for 2018) and the financial data it files with the SEC, as of 2021-03-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.