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Granite completes Lametti & Sons acquisition in US

May 24, 2019 - Marketline Newswire
Mergers and Acquisitions

Granite Construction has acquired certain assets of US-based cured-in-place pipe (CIPP) rehabilitation company Lametti & Sons.

The deal covers assets and equipment of Lametti’s CIPP business and strengthens Granite’s position in the water and wastewater market. Granite president and CEO James Roberts said: "We are excited about the opportunities that this acquisition provides as we continue to build our capabilities and position ourselves as a national leader in the water a...