Announced
Completed
Synopsis
DNOW, a supplier of energy and industrial products and packaged, engineered process and production equipment, completed the acquisition of Trojan Rentals, a provider of pump rentals, automation technology and sales of layflat hose and other associated equipment. Financial terms were not disclosed. “Trojan’s reputation for a customer-first mindset, coupled with its highly sought after products and solutions, enables water management customers to deliver critical water infrastructure services to the industry. Trojan expands DNOW’s product offering and enhances our earnings profile as this deployment of capital strategically aligns with and reinforces our commitment to increasing long-term value for our shareholders and stakeholders," David Cherechinsky, DNOW President and CEO.
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