ENPAR to acquire Pumptronics for $3M

ENPAR Technologies Inc. has entered into a binding letter of intent to acquire 100% of Pumptronics, an integrated pump station manufacturer, for a transaction value of US$3 million, comprising US$1.2 million cash and 12 million common shares. The acquisition was announced on October 12, 2017.

“We are pleased to announce this proposed acquisition, which is fully aligned with our growth strategy of coupling a strong baseline revenue stream with significant growth potential.”worldfertilizer.com

• 1 source
• worldfertilizer.comENPAR to acquire PumptronicsDavid RowlandsOct 12, 2017

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