Construction M&A » By The Online Investor Staff, updated Sun., Apr. 11, 8:21 PM
Recent mergers and acquisitions in the Construction M&A category.
| This Slide: #14 of 100 |
Slide #14. Centric Pipe, LLC — Northwest Pipe OCTG Business
Acquirer:
Centric Pipe, LLC
Acquiree:
Northwest Pipe OCTG Business (NASDAQ:NWPX)
Details:
Northwest Pipe Company (NASDAQ: NWPX) today announced it has sold substantially all of its oil country tubular goods ("OCTG") assets to Centric Pipe, LLC, an affiliate of Dallas-based OCTG supplier SB International, Inc., for a purchase price of $42.7 million. The Company will retain ownership of, and lease to Centric Pipe its Houston, Texas real property. Centric Pipe will have the option to purchase the Houston real property at a later date.
Open the NWPX Page at The Online Investor »
|
|||||||||||||||||||||
Open the NWPX Page at The Online Investor (in a new window) »
|
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 84th percentile
(ranked higher than approx. 84% of all stocks covered)
Analysts' Target Price: NWPX Stock Forecast Based on Zacks ABR data; powered by Xignite |
