LA CROSSE, Wis., December 21, 2020 ― Nelosca Technologies (Nelosca) officially announces the asset acquisition of New England-based Specialty Diving Services, Inc (SDS). The acquisition combines two established union companies that specialize in commercial diving and heavy marine construction.
Founded in 1986, SDS is headquartered at the Port of Davisville in North Kingstown, Rhode Island within a short range of Boston and New York. Nelosca’s new SDS location has an office, shop, a yard, a dock facility, and 28 talented team members. The acquisition enables Nelosca to establish another strategic location in the New England area, a reputable client list, and a local workforce of experienced marine professionals.
SDS performing above and below water bridge repairs.
“We are ecstatic to introduce Specialty Diving Services (SDS) as the latest addition to the Nelosca organization,” said Nelosca Vice President of Business Development Mark Binsfeld. “SDS has built a great reputation throughout New England as a top-notch marine construction and commercial dive contractor. SDS and Nelosca have many similarities, from the types of work that we pursue to the corporate culture we work hard to keep. It’s a terrific fit.”
As the transition continues, the previous SDS Owner Nick Tanionos will stay on board with Nelosca and ensure a seamless transition. “As owner of SDS I could not imagine a more perfect fit for my former company than to join forces with Nelosca Technologies. I am blessed and humbled to be part of a great family-based corporation,” said Tanionos.
Nick Tanionos
Director of Operations, Nelosca East Coast
(401) 295-5256
NTanionos@neloscatech.com
Together, SDS and Nelosca leadership will continue to work towards Nelosca’s company mission: To create and execute innovative solutions to the world’s most complex maritime, environmental, and infrastructure challenges.
SDS ADCI-certified commercial diver and tender in Rhode Island.
“Our work has great purpose. The addition of our friends at SDS increases our commitment to safely executing highly sophisticated environmental remediation and marine infrastructure improvements across this country. We eagerly anticipate the weeks and months ahead as we more fully integrate SDS and Nelosca. We are in exciting times, and this is a wonderful step forward,” said Nelosca President and CEO Matt Binsfeld
For more details on the acquisition and services provided by SDS and Nelosca, please visit https://www.neloscatech.com/sds.
About Nelosca Technologies
Nelosca Technologies, Inc. (Nelosca) is a fourth-generation, family-owned company specializing in environmental remediation and marine construction services throughout waterways of the United States. Working closely with private and public owners of water-based infrastructure since 1919, Nelosca’s focus on safety and quality has been unmatched in the industry. Nelosca takes pride in successfully working with clients, partners, and engineering firms while upholding elevated levels of integrity, safety, and professionalism.
