Industrial Machinery & Equipment M&A » By The Online Investor Staff, updated Sun., Apr. 28, 11:44 AM
Recent mergers and acquisitions in the Industrial Machinery & Equipment M&A category.
Slide #63. L.B. Foster — Ball Winch Pipeline Services
Acquirer: |
L.B. Foster (NASDAQ:FSTR) |
Acquiree: |
Ball Winch Pipeline Services |
Details: |
Pittsburgh, PA-based L.B. Foster Company (NASDAQ: FSTR) today announced it has acquired Ball Winch Pipeline Services, LLC., a privately-owned company that applies specialty pipe coatings and provides field services for the oil and gas, mining, water and waste water industries. Ball Winch's unique position as a custom coater of specialty fittings and field connections brings new growth to L.B. Foster's existing coating capabilities. |
L.B. Foster is a solutions provider of engineered, manufactured products and services that builds and supports infrastructure. Co.'s business segments include: Rail, Technologies, and Services (Rail), Precast Concrete Products (Precast), and Steel Products and Measurement. Co.'s Rail segment provides a variety of products, solutions, and services for freight and passenger railroads and other industrial companies. The Precast segment manufactures precast concrete products. Under its CXT® brand, Precast manufactures restrooms, concession stands, and other protective storage buildings. Co.'s Steel Products and Measurement segment provides custom engineered solutions and services.
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April 28, 2024 11:44 AM Eastern
Hold (2.00 out of 4)
0th percentile
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