#United States #St. Louis #MLC #Burnett #CAL~FLO

MLC Expands Its Mineral Solutions Through Acquisition of Burnett Inc.

In a significant move marking its growth strategy, MLC (Mississippi Lime Company), an esteemed international producer of lime and calcium solutions, has officially acquired Burnett, Inc. This strategic acquisition strengthens MLC’s operations and significantly expands its portfolio of mineral solutions, particularly in the vital area of water treatment. The financial details surrounding this transaction remain undisclosed.

With this acquisition, MLC is set to leverage Burnett's expertise in lime slurry systems, predominantly utilized in water treatment applications. Paul Hogan, President and CEO of MLC, expressed enthusiasm about the acquisition, underscoring the necessity for municipalities to provide clean and potable water to their populations. “Municipalities need to deliver clean, potable water to their communities without fail, and they rely on lime for many processes,” he said.

Hogan elaborated on how integrating Burnett’s operations allows MLC to expand its capabilities in servicing this essential market. The acquisition encompasses four operational sites of Burnett located in the Southeastern United States, bolstering MLC’s supply chain network and access to a broader range of expert teams within the mineral solutions sector.

Enhancing Service Capabilities

This merger is expected to not only amplify MLC’s ability to serve the critical market of municipal water treatment but also add value to other industrial applications. With technologies like the CAL~FLO® liquid lime solutions and the innovative RE~MIN PROCESS®, MLC will enhance operational performance across various industry processes, including wastewater treatment. These technologies are pivotal in providing water treatment plants with superior accuracy and consistent lime slurry performance, promising a reduction in maintenance challenges.

Hugh Burnett, Vice President and cofounder of Burnett Inc., reflected on the transaction, emphasizing the importance of aligning with a buyer that shares mutual strategic objectives. “It was important to select a buyer that shares our strategic vision... MLC has been a supplier and technical resource to Burnett for decades,” he noted, praising the enduring partnership that mirrors shared priorities and values.

Continuing a Legacy of Innovation

The Burnett family has stewarded a legacy of innovation since the company's inception in 1983. Starting with just one truckload of lime, Burnett has evolved into an industry leader in pH control process technology. The acquisition will allow MLC to maintain and build upon Burnett’s ethos of providing unique solutions dedicated to customer service and satisfaction.

Hogan continues, “The Burnett family’s vision for continuous improvement and innovation has always propelled the company forward. I am thankful to the family for their leadership and collaboration throughout this process.” Alongside enhancing existing operations, the merger underscores MLC's commitment to ongoing growth and diversification in essential mineral solutions.

MLC's Growth Strategy

This acquisition is a reflection of MLC’s broader strategy to pursue strategic investments, allowing for improved service capabilities and diversification of its mineral solutions platform. MLC aims to position itself as a premier global provider within the mineral solutions landscape, with an unparalleled focus on safety, performance, and customer service.

Operating under HBM Holdings Company, a global industrial conglomerate, MLC's extensive portfolio covers various market segments ranging from specialty chemicals to transportation.

With its headquarters in St. Louis, Missouri, MLC has solidified its place as a leading supplier of high-calcium lime products and related technical solutions across several critical market applications such as water treatment, agriculture, and construction. The company's commitment to sustainability and service excellence is evident in its century-long service record.

As MLC embarks on this new chapter with Burnett, it not only expands its logistical and operational prowess but also deepens its commitment to enhancing the quality of service provided to its customers worldwide.

Conclusion

The acquisition of Burnett Inc. represents a pivotal step for MLC in its continuous journey towards excellence in the mineral solutions sector. By marrying Burnett’s rich history in innovation with MLC's robust operational framework, both teams are poised for a future of unparalleled service delivery and industry leadership.