BBCP - Concrete Pumping acquires Coastal Carolina Pumping

• Concrete Pumping Holdings ( NASDAQ: BBCP ) has acquired Charlotte-based Coastal Carolina Pumping.
• Coastal Carolina Pumping is the largest concrete pumping service provider in the Carolinas with additional operations in Central Florida.
• The all-cash acquisition, which includes 89 units of operating equipment, was funded from existing debt facilities and strong operational free cash flow.
• The move is expected to enhance CPH’s presence in North Carolina, South Carolina and Florida Markets and strengthens recent Greenfield expansion in Washington D.C.

For further details see: