Primoris Services Closes USD 470m Acquisition of Utility-Focused Contractor PLH Group.
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 Power Delivery, Communications, and Gas Utilities.
PLH Group is a utility-focused specialty construction company with concentration...
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