M&A
confidence high
sentiment positive
materiality 0.55
Concrete Pumping Holdings completes $12.3M acquisition of Hi-Tech Concrete Pumping
Concrete Pumping Holdings, Inc.
- Asset purchase of $12.3M cash; includes 32 boom pumps and two placing booms.
- Acquisition improves market position in Houston, Texas, one of fastest-growing U.S. cities.
- Expects to cross-sell Eco-Pan concrete waste management service to Hi-Tech's customers.
- CEO Bruce Young highlights shared core values and welcomes Hi-Tech team.