HOUSTON--(BUSINESS WIRE)--Nov. 26, 2024-- DNOW Inc. (NYSE: DNOW) announced it has completed its all-cash acquisition of Trojan Rentals, LLC (“Trojan”), a leading provider of pump rentals, automation technology and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling and treatment requirements.
David Cherechinsky, President and CEO of DNOW noted, “Trojan’s reputation for a customer-first mindset, coupled with its highly sought after products and solutions, enables water management customers to deliver critical water infrastructure services to the industry. Trojan expands DNOW’s product offering and enhances our earnings profile as this deployment of capital strategically aligns with and reinforces our commitment to increasing long-term value for our shareholders and stakeholders.
Press Release Source
View the full press release on our investor website: https://ir.dnow.com/news-releases/news-release-details/dnow-announces-acquisition-trojan-rentals-llc
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