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Per Aarsleff A/S Becomes Sole Owner of Insituform Rohrsanierungstechniken GmbH in Germany


Wednesday, 26 Jun 2013 09:07am EDT 

Per Aarsleff A/S announced that the Company has become the sole shareholder in German Insituform Rohrsanierungstechniken GmbH (IRT) in Nuremberg. It was announced in the interim report presented on May 27, 2013, that the Company had initiated negotiations with Aegion Corporation USA for the purchase of Aegion’s 50% share in the jointly owned IRT. The acquisition price is EUR 14 million in cash. The company's name is to be changed to Aarsleff GmbH. 

Company Quote

1126.0
-14.0 -1.23%
10:59am EST