Announced
Financials
Sources
Tags
United States
pipe rehabilitation services
Machinery: Construction
Acquisition
Domestic
Private
Majority
Friendly
Pending
Single Bidder
Synopsis
Aegion, a provider of infrastructure maintenance, rehabilitation and technology-enabled water solutions, agreed to acquire Portland Utilities Construction, a preferred underground utility contractor in the Southeast and Texas. Financial terms were not disclosed. "The addition of Portland Utilities bolsters our ability to deliver additional specialized services to customers in Tennessee and beyond. We value PUCC's legacy in the industry and are excited to leverage their capabilities and grow together," Rob Tullman, Aegion President and CEO.
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