Hanes Geo Components acquires Terrafix

Hanes Geo Components, of Winston Salem, N.C., announced an agreement to acquire Terrafix of Toronto, Ont. John Dowdell, President of Hanes Geo Components, commented, “Terrafix is a clear leader within the Canadian market in the distribution of geosynthetic products. Their expertise in manufacturing of geosynthetic clay liners and their experience in liner installations offer important market expansion opportunities to the Hanes family of companies.”

The Terrafix team will continue to operate as Terrafix. David Fuerth has been promoted from Vice President of Sales to President of Terrafix. Fuerth commented, “We are excited to join the Hanes team. Our founder Dennis Hewitt built our company on a strong foundation of providing technical support and a high level of service to our customers. These are core values we see within the Hanes team as well. We anticipate a smooth operational transition followed by a renewed commitment to grow our position within the Canadian market.”