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Northwest Pipe Co. (Nasdaq:NWPX), Vancouver, WA, has acquired Ameron Water Transmission Group, LLC (“Ameron”), a supplier of engineered welded steel pressure pipe as well as reinforced concrete pipe. The transaction closed on July 27 and was funded with cash, the company said.
In addition to expanding Northwest Pipe Company’s footprint in a key water transmission pipe market, the acquisition also adds bar-wrapped concrete cylinder pipe, reinforced concrete pipe and T-Lock, a proprietary PVC lining for concrete pipe sewer applications, to the company’s product portfolio.
Headquartered in Rancho Cucamonga, CA, and formerly a part of National Oilwell Varco, Inc., Ameron has pipe operations in Tracy, CA, and San Luis Río Colorado, Mexico, as well as a protective lining facility in Brea, CA. Ameron had approximately $57 million in net sales in 2017, the company said.