The Aleut Corp., an investment group headquartered in Alaska, has acquired ARS International, a Port Allen-based environmental services company, for an undisclosed amount.
The announcement was made by New Haven, Conn.-based Woodbridge International, which helped broker the sale for its client, ARS.
ARS specializes in environmental analysis and cleaning up radioactive materials at nuclear weapons sites and in oil and gas fields, where low-level radioactive waste is generated during drilling.
ARS’s clients include global energy companies and government agencies such as the U.S. Department of Energy, the Department of Defense and the U.S. Army Corps of Engineers.
The Aleut Corp., based in Anchorage, is one of 13 regional Native corporations established under the terms of the Alaska Native Claims Settlement Act.
Aleut Corp. and its subsidiaries’ services include government contracting, telecommunications, environmental remediation, fuel sales and real estate management.
Woodbridge Managing Partner Don Krier said in a news release that employment at ARS fluctuates according to the jobs the company is working, but the firm employs more than 50 people.
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