Announced
Completed
Synopsis
Vortex, a trenchless infrastructure solutions provider, completed the acquisition of Foraction, a provider of trenchless watermain renewal services. Based in the south shore of Montreal. Financial terms were not disclosed. "Foraction clearly understands and excels in this space. They use premium, NSF/ANSI 61 certified water lining materials, most of which are manufactured and supplied by United Felts and have developed a repeatable installation process that distinguishes itself from its competitors. This represents a strategic addition to our rapidly growing Vortex Water division, enabling us to offer an even more comprehensive suite of NSF-certified materials, innovative installation technologies, and unmatched expertise," Mike Vellano, Vortex CEO.
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