Poseidon Barge, a leading provider of sectional barges and marine construction assets, is pleased to announce the acquisition of Portadam, Inc.’s assets. Portadam’s expertise and product line added to the Poseidon family brings more complete marine solutions to their customer base.
For five decades, Williamstown, N.J.-based Portadam has focused on water diversion, flood protection and temporary waste storage solutions across the United States and Canada. Their cofferdam system has been used in a variety of marine settings enabling contractors to execute work in the dry. Through innovation and close customer relationships, Portadam identifies the challenges of each project. Through customization of the Portadam system, they have been able to complete over 6,000 projects successfully.
Mary Habegger-Fox, president of Poseidon Barge, commented, “Portadam’s product offers tremendous advantages for our marine and heavy highway customer base that perform work in or near waterways. Bringing Portadam into our family is a significant strategic milestone for our business. We eagerly anticipate collaborating with the talented team at Portadam to further enhance the basket of products and services we offer our combined based of valued customers.”
Jyothish Daniel, president of Portadam, sees great advantages to the acquisition. “This combination with Poseidon and its affiliates enables our team to have a broader footprint in the Midwest, Gulf South, and the West Coast,” he said. “This marks an exciting chapter in Portadam’s journey of growth and innovation, aligning seamlessly with our commitment to delivering exceptional value to our customers. We are thrilled to be able to complement Poseidon Barge’s top-quality products with our outstanding service offerings, resources, and capabilities.”
