CLAYTON, Mo., May 7, 2020 /PRNewswire/ — Perimeter Solutions, the world leader in fire safety chemical solutions, announced today that it has completed the acquisition of Colorado-based LaderaTech, a biomaterials company with commercial technology in wildfire prevention and the delivery of agriculture chemicals. The acquisition includes LaderaTech’s FORTIFY® Fire Retardant technology and rights to associated intellectual property. The addition of FORTIFY technology – which is used in ground-based applications – complements Perimeter’s industry leading PHOS-CHEK® Fire Retardant aerial and ground technology. LaderaTech President & CEO Wes Bolsen will be joining Perimeter Solutions as the Director of Wildfire Prevention in Perimeter’s Fire Safety Solutions business.
According to Edward Goldberg, CEO of Perimeter Solutions, the acquisition of LaderaTech and FORTIFY® is consistent with Perimeter’s to bring the world’s best fire…