Deal snapshot: Primoris Services to Acquire Utility-Focused Contractor PLH Group in USD 470m Cash Deal.

MANews-(C)2009-2022

US-based specialty contractor Primoris Services Corp. (NASDAQ Global Select: PRIM) has entered into a definitive merger agreement to acquire PLH Group, Inc. in an all-cash transaction valued at USD 470m, the company said.

Primoris, a specialty contractor in the US, provides critical infrastructure services to the utility, renewables and other related energy markets. The company's strategic focus on utility markets includes...

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