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Northwest Pipe Company Acquires Geneva Pipe Company- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
3/2/2020 管材展-钢管展-steel tube expo-tube &pipe expo |
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Northwest Pipe Company has acquired Geneva Pipe Company Inc, a concrete pipe and precast concrete products manufacturer based in Utah. The transaction closed on January 31, 2020, and was funded with cash on hand and debt. This acquisition expands Northwest Pipe Company’s water infrastructure product capabilities by adding additional reinforced concrete pipe capacity and a full line of precast concrete products including storm drains and manholes, catch basins, vaults, and curb inlets as well as innovative products that extend the life of concrete pipe and manholes for sewer applications. Geneva, previously a privately held company, has around 140 employees and had revenues of approximately $43 million in 2019. Jefferies LLC advised Northwest Pipe Company.
Operations will continue with their current management and workforce at Geneva’s three Utah manufacturing facilities located in Salt Lake City, Orem, and St. George. Founded in Orem in 1956, the company has been an integral part of infrastructure development in Utah and the Intermountain West.
管材展-钢管展-2020广州国际管材及管材加工设备展－中国展出效果最好的管材展-巨浪展览
- The 21st China (Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
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