Announced
Completed
Synopsis
Advanced Drainage Systems, a provider of innovative water management solutions, completed the acquisition of River Valley Pipe, a privately-owned pipe manufacturing company. Financial terms were not disclosed. “We are excited to welcome River Valley Pipe to ADS. This acquisition advances our strategic priority to grow our market leading position through acquisitions in our core stormwater and agriculture drainage markets in key agriculture states of Illinois and Iowa. ADS and River Valley Pipe have a shared commitment to safety, customer service, and operational excellence in the agriculture market. Together, we look forward to building on the significant capabilities of the two companies,” Scott Barbour, ADS President and CEO.
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