HammerHead Trenchless acquired the assets of ProKASRO Services USA, the distributor of ProKASRO Mechatronik. The terms of the transaction were not disclosed. The company said, “ProKASRO Services USA is known for its industry-leading robotics, UV pipe lining solutions and lateral rehabilitation technologies. Based in Centennial, Colorado, its expanded line of trenchless solutions enable utility contractors the ability to rehabilitate underground wastewater and water pipelines without the need for digging or disruption to outdoor environments.” Through this acquisition, HammerHead Trenchless will market these products under the ProKASRO USA brand name and serve the U.S. market with continued operations in Colorado.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTC:
- Toro Company price target lowered to $86 from $88 at DA Davidson
- Toro Company price target lowered to $95 from $100 at Raymond James
- Emcor announces election of Amy Dahl to Board of Directors
- Toro Company Reports Record Sales and Growth Outlook
- MasterCard boosts dividend, Jabil reports Q1 beat: Morning Buzz