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AEGN - AEGN STOCK NEWS

Welcome to our dedicated page for AEGN news (Ticker: AEGN), a resource for investors and traders seeking the latest updates and insights on AEGN stock.

Aegion Corporation is a global leader in providing innovative technologies and expertise to maintain, rehabilitate, and strengthen infrastructure. Established in 1971, Aegion has been at the forefront of pioneering solutions for aging infrastructure, focusing predominantly on pipelines within the wastewater, water, energy, mining, and refining sectors.

The company leverages advanced technology-enabled water solutions to ensure the efficient operation of refineries and industrial facilities. Aegion is committed to its mission of 'Stronger. Safer. Infrastructure.®'

Over the years, Aegion has achieved significant milestones, including recent acquisitions to enhance its service offerings:

  • March 2023: Acquired Proline Vactor Services, enhancing professional sewer and storm drain cleaning services in Florida.
  • May 2023: Acquired Infraspec Services, a specialist in trenchless water rehabilitation services in Quebec, Canada.
  • June 2023: Acquired Standard Pipe Services, expanding its trenchless repair services in the Delaware-Maryland-Pennsylvania tri-state area.
  • July 2023: Acquired Portland Utilities Construction Company, reinforcing specialized services in Tennessee and surrounding states.
  • September 2023: Acquired C&L Water Solutions, broadening its footprint in Colorado and the western U.S.
  • October 2023: Acquired 11 Enviro Group and AP Civil Solutions, expanding its trenchless services and water maintenance operations in New York and Florida, respectively.

Aegion's portfolio companies, such as Insituform Technologies, EN-TECH Infrastructure, and others, play a critical role in its operations, ensuring the company can deliver comprehensive services covering consultation, design, installation, and maintenance. The company's diverse services include cured-in-place pipe (CIPP) rehabilitation, grouting, trenchless pipe replacement, and more.

Financially, Aegion has demonstrated robust growth through strategic acquisitions and organic expansion, enabling it to address the challenges of aging infrastructure effectively. The company continues to innovate and expand, ensuring sustainable and safe infrastructure solutions globally.

For more details, visit Aegion's official website.

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Aegion Corporation acquires AP Civil Solutions to expand utility services
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Aegion Corporation acquires 11 Enviro Group, expanding specialty services in water solutions. 11 Enviro Group will operate under EN-TECH Infrastructure in New Jersey. No concrete numbers or percentages mentioned in the PR.
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Aegion Corporation acquires C&L Water Solutions, expanding their infrastructure maintenance and rehabilitation services in Colorado. C&L Water Solutions will continue operating under its current name. This acquisition will broaden Aegion's footprint and allow them to offer a wider range of recurring maintenance services in the region.
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Aegion Corporation has acquired Portland Utilities Construction Company, a preferred underground utility contractor in the Southeast and Texas. PUCC will continue to operate under its current name and leadership. The acquisition enhances Aegion's ability to provide specialized services to customers in Tennessee and beyond.
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Aegion Corporation has announced the acquisition of Proline Vactor Services, a Florida-based cleaning, inspection, and grouting service company, expanding its portfolio of technology-enabled water solutions. This acquisition allows Insituform Technologies, part of Aegion, to self-perform more project components, enhancing service offerings to clients. Proline has been a trusted subcontractor for Insituform for over 20 years, and its operations will remain in Florida under the Insituform name. Aegion aims to leverage Proline's expertise to strengthen its infrastructure solutions.

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Aegion Corporation has announced the acquisition of Next Level Environmental, a Boston-based company specializing in underground and vacuum excavation services. This strategic move allows Aegion's portfolio company, Insituform, to enhance its service offerings and secure new maintenance contracts in the New England market. Next Level's expertise and established East Coast relationships are expected to facilitate growth and provide a comprehensive trenchless solution for customers. Existing employees will continue to operate under the Insituform brand.

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Aegion Corporation announced the acquisition of EN-TECH's cured-in-place pipe (CIPP) lining division, enhancing its operational capabilities and expanding its geographic presence. Headquartered in Closter, N.J., EN-TECH has provided pipe maintenance solutions since 1983. This acquisition promises to innovate Aegion's technological solutions and broaden service offerings. Both companies emphasize shared values in safety and quality. EN-TECH will continue to operate its existing services in New York and New Jersey under Aegion's leadership.

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Innovative Sewer Technologies (IST) and Manufactured Technologies Co. (MTC), a subsidiary of Aegion, announced an exclusive partnership to enhance the distribution of high-quality products in the small diameter cured-in-place pipe (CIPP) market across North America, starting March 1, 2022. This partnership enables lining companies, plumbers, and municipalities to access IST's internationally recognized consumables easily through MTC. The collaboration aims to improve product delivery and customer service, reinforcing IST's reputation for quality established over more than 20 years.

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FAQ

What does Aegion Corporation specialize in?

Aegion specializes in maintaining, rehabilitating, and strengthening infrastructure, focusing on pipelines in wastewater, water, energy, mining, and refining industries.

When was Aegion Corporation founded?

Aegion was founded in 1971.

What are some recent acquisitions by Aegion?

Recent acquisitions include Proline Vactor Services, Infraspec Services, Standard Pipe Services, Portland Utilities Construction Company, C&L Water Solutions, 11 Enviro Group, and AP Civil Solutions.

What services does Aegion provide?

Aegion provides services including cured-in-place pipe (CIPP) rehabilitation, grouting, trenchless pipe replacement, sewer cleaning and inspection, and more.

What is Aegion's commitment motto?

Aegion's commitment motto is 'Stronger. Safer. Infrastructure.®'

What sectors does Aegion serve?

Aegion serves the wastewater, water, energy, mining, refining, industrial, and municipal sectors.

Where can more information about Aegion be found?

More information about Aegion can be found on their official website at www.aegion.com.

Who is the current President and CEO of Aegion?

Rob Tullman is the current President and CEO of Aegion Corporation.

How does Aegion contribute to environmental sustainability?

Aegion contributes to environmental sustainability by providing technology-enabled solutions that extend the life of pipelines and minimize environmental disturbances.

What is the significance of Aegion's portfolio companies?

Aegion's portfolio companies, such as Insituform Technologies and EN-TECH Infrastructure, enhance its ability to deliver specialized and comprehensive infrastructure solutions.

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