Announced
Completed
Financials
Sources
Tags
Acquisition
Cross Border
industrial engineering
Private
Completed
Majority
industrial
United States
Diversified Industrials
Friendly
Single Bidder
Synopsis
HMT, an above-ground storage tanks solutions provider, completed the acquisition of Weld Spec, a company which provides inspection services to pipeline, refining, petrochemical, wind energy, manufacturing and other industries. Financial terms were not disclosed. "We are very excited to be joining the HMT team. The secret to our success has been our employees, so we are thrilled that the HMT culture mirrors ours and that our people will continue to benefit and thrive. We also look forward to being able to provide a full-service approach to our customers with inspection and repair services," Rick Hardy, Weld Spec CEO.
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