Energy Services of America Acquires FAMCO Operating Assets for $6.95 Million

Bitget2026/10/23 20:30

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Energy Services of America completed the acquisition of substantially all FAMCO operating assets for a base price of $6.95 million, subject to adjustments.
Consideration comprises cash and common stock, with a portion withheld pending a post-closing true-up.
The acquisition of the West Virginia water and sewer contractor expands existing water and utility construction capabilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Energy Services of America Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610231630PR_NEWS_USPR_____NE79809) on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Energy Services of America Acquires FAMCO Operating Assets for $6.95 Million

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