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Stock impact report

DNOW Announces Acquisition of Trojan Rentals, LLC

DNOW Inc. (DNOW) 
Last dnow inc. earnings: 2/19 06:45 am Check Earnings Report
US:NYSE Investor Relations: ir.distributionnow.com/investor-overview
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--DNOW Inc. (NYSE: DNOW) announced it has completed its all-cash acquisition of Trojan Rentals, LLC (“Trojan”), a leading provider of pump rentals, automation technology and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling and treatment requirements.David Cherechinsky, President and CEO of DNOW noted, “Trojan’s reputation for a customer-first mindset, coupled with its highly sought after products and solutions, enables water management customers to deliver critical water infrastructure services to the industry. Trojan expands DNOW’s product offering and enhances our earnings profile as this deployment of capital strategically aligns with and reinforces our commitment to increasing long-term value for our shareholders and stakeholders.Along with Flex Flow and Performance Multi-Flow Solutions, this marks the third acquisition as part of our strategy to provide a more holistic water management solut Show less Read more
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