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On 31 July 2023, St. Louis, Missouri-based Aegion Corporation announced its acquisition of Portland Utilities Construction Company (PUCC). Founded in 1991, PUCC is a trenchless service provider specializing in cured-in-place pipe (CIPP) and pipe bursting. PUCC serves the municipal market in Texas and the southeastern U.S.
In this Research Note:
- Aegion scales services through refocused North American channels
- Leading CIPP providers continue to shift, adding lead pipe replacement capabilities
- Trenchless water M&A market remains red hot
