Welcome to our dedicated page for Aegion news (Ticker: AEGN), a resource for investors and traders seeking the latest updates and insights on Aegion stock.
Aegion Corporation (AEGN) delivers essential infrastructure rehabilitation technologies for global water, energy, and industrial systems. This news hub provides investors and industry professionals with critical updates on strategic acquisitions, operational developments, and technological innovations driving the company's mission of "Stronger. Safer. Infrastructure.®"
Access authoritative reporting on Aegion's trenchless pipeline solutions, expansion initiatives, and financial performance. Our curated news collection features updates across key areas: strategic acquisitions enhancing regional service capabilities, infrastructure rehabilitation projects, technology deployments in CIPP and grouting systems, and leadership developments shaping corporate strategy.
Bookmark this page for real-time updates on Aegion's progress in maintaining critical water networks and energy pipelines. Monitor how recent service expansions in key North American markets align with global infrastructure demands. Verify all information through Aegion's official communications at a href='https://www.aegion.com' rel='nofollow'>aegion.com.
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.
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.
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.
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.
