Perdomo Worldwide Acquires PMC Biogenix Plant in Memphis, Expanding Environmental Risk and Redevelopment Operations
Memphis, TN – Perdomo Worldwide announced the acquisition of the PMC Biogenix chemical plant in Memphis, a landmark transaction executed in just 20 days with no contingencies, delays, or re-trading. This acquisition underscores the firm’s ability to provide certainty and decisive action in even the most complex environmental risk scenarios.
“While many groups hesitate when faced with environmental liability, Perdomo Worldwide was built to take it on fully, decisively, and without compromise,” said Orlando Perdomo Jr.. “Certainty is what matters. No contingencies, no delays, no retrading. From our side, this is where the real work begins.”
The PMC Biogenix site presents a substantial redevelopment scope, including:
- Approximately 900,000 square feet of industrial structures
- Over 2 million square feet of asphalt and concrete slabs
- More than 100 large-scale tanks and process systems
Perdomo Worldwide’s integrated platform will immediately initiate a coordinated approach, aligning demolition, environmental remediation, and strategic redevelopment.
The firm’s approach provides a comprehensive solution for complex sites, including:
- Full liability transfer
- As-is, where-is acquisitions
- Immediate execution and clean exits for ownership
Perdomo Worldwide operates with unmatched financial strength, self-funding all acquisitions without requiring investor approvals or financing contingencies, allowing rapid execution and decisive control.
The acquisition also marks a strategic expansion into the Tennessee market, with two additional 100,000+ square-foot structures secured to:
- Establish a regional office dedicated to demolition operations
- Expand the equipment asset division
- Build a strong, long-term operational presence across the Southeast
“This was not accidental nor opportunistic,” said Orlando Perdomo Jr. “It was a calculated move to plant a flag in a key market at scale. What looks like complex environmental risk to most groups is really just a question of: can you take control and move forward without hesitation? We can.”
Perdomo Worldwide continues to lead the Environmental Risk Transfer space through speed, certainty, and in-house capabilities for demolition and remediation, solving problems that others walk away from.
About Perdomo Worldwide
Perdomo Worldwide is a global leader in energy infrastructure, industrial redevelopment, and environmental risk transfer. Specializing in the acquisition and transformation of distressed or decommissioned assets, Perdomo delivers end-to-end solutions that bring complex projects back to life.
To learn more or follow progress on the Biogenix Plant redevelopment, visit www.perdomoworldwide.com.