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Industrial Container Services, LLC Acquires Poly Drum and Intermediate Bulk Container Reconditioning Facilities from Abbey Drum Company of Baltimore, MD


09/28/15

MAITLAND, FL, SEP 28, 2015 – Industrial Container Services, LLC ("ICS") announced today that it has acquired the Baltimore, MD-based businesses operated by Abbey Drum Company ("Abbey") including all of the reconditioning machinery, equipment and inventory utilized at the facilities.

"We are extremely pleased to announce the addition of Abbey's two Baltimore reconditioning facilities to the ICS portfolio. The acquisition provides Abbey customers with easy access to ICS' national container supply and collection network, and gives ICS an entrée into a strategic new market while further diversifying our overall product portfolio. We welcome Jonathon Neuman and his team into the ICS family and look forward to their help in supporting our mission to provide customers nationwide with high quality reconditioned industrial packaging" states Mr. Charles Veniez, President of ICS.

"The Abbey Drum Company was founded almost 50 years ago" said Jonathan Neuman. "I am proud of what we've built and look forward to a bright future as part of the ICS team. This change will open up opportunities for our employees that were not available as a stand-alone organization. We're very excited about this change."

About ICS

ICS is the largest provider of reusable container solutions in the United States. Through our multiple brands, we operate 33 strategically located facilities in 17 states, ICS is well positioned to service local, regional and national customers alike, and strives to be the supplier of choice for high quality, environmentally responsible container solutions. The Company offers unparalleled expertise with over 100 years of experience in the industrial container industry and is focused on anticipating customer needs and exceeding expectations. The Company offers the most complete container management systems available including supply, collection, reconditioning and disposal services for most major industrial packages.

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