Barco Investment Group Acquires CTLGroup

 

Barco Investment Group announced the acquisition of Construction Technology Laboratories, Inc. (CTLGroup), a subsidiary of the PCA. Additionally, the PCA campus in Skokie, Illinois has been purchased by Barco.

CTLGroup began as the research and development arm of PCA in 1987 and became a PCA subsidiary in 1986 as an independent engineering, research, and laboratory consulting firm.

“We are excited about the purchase of CTLGroup and the historic PCA Campus,” said Barco Investment Group Chairman, Cary Cohrs. “Through the many talented people working at CTLGroup, we expect the company will experience strong growth and further build upon its strong reputation as an industry leader.”

“PCA and CTLGroup have been an important part of the Skokie, Illinois landscape since 1968,” said Michael Ireland, PCA President & CEO. “PCA’s offices in Skokie and Washington, D.C. will continue to represent America’s cement industry, while CTLGroup will get a chance to thrive under new ownership. We’re excited about the future of both organizations.”

PCA and CTLGroup staff will continue to work at the Skokie campus in addition to offices in Washington, D.C. and Alexandria, Virginia.

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