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Construction M&A image Construction M&A » By The Online Investor Staff, updated Fri., Jun. 5, 7:26 AM Recent mergers and acquisitions in the Construction M&A category.

Slide #38. Northwest Pipe Company Permalok Corporation

Acquirer: Northwest Pipe Company (NASDAQ:NWPX)
Acquiree: Permalok Corporation
Details: Northwest Pipe Company (NASDAQ: NWPX) announced today that it has acquired Permalok Corporation, a fabricator of steel piping utilizing the Permalok patented interlocking pipe joining system.

Northwest Pipe is a manufacturer of engineered welded steel pipe water systems in North America. Co.'s solution-based products serve a range of markets including water transmission, plant piping, tunnels, and river crossings. Co. manufactures Permalok® steel casing pipe, which is a pipe joining system that employs a press-fit interlocking connection system. Co. added T-Lock® and Arrow-Lock® Sheet Lining Systems to its product line. T-Lock® is applied during concrete casting and permanently locks into place as a part of the substrate. Arrow-Lock® can be used in both new and rehabilitation projects.

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Company Name:  Northwest Pipe Co.
Website:  www.nwpipe.com
Sector:  Construction
Number of ETFs Holding NWPX:  15
Total Market Value Held by ETFs:  $22.70M
Total Market Capitalization:  $243.00M
% of Market Cap. Held by ETFs:  9.34%
 

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June 5, 2020    7:26 AM Eastern
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Strong Buy (4.00 out of 4)
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