DXP Enterprises, Inc. Announces Acquisition of Ambiente H2O Inc.
- Furthers DXP’s National Water & Wastewater efforts
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Establishes presence in
Colorado ,Idaho ,Utah ,Wyoming , andMontana - Strong Service & Repair Capabilities
- Attractive Margins and Cash Flow
Ambiente is a leading full-service manufacturer representative specializing in pumps, process equipment, and instrumentation, and related service & repair focused on serving the water and wastewater industry. DXP funded the acquisition with cash from the balance sheet.
“We are pleased to announce the acquisition of Ambiente. Ambiente adds another great company to our water and wastewater platform that includes the many pieces we look for when acquiring a water business. Ambiente provides DXP with an exceptional business that leads with service, accompanied by tremendous technical sales expertise,” commented
The signing of the definitive agreement occurred on
About
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Senior Vice President CFO
713-996-4700
www.dxpe.com
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