NPK International Inc. has acquired Grassform Plant Hire Limited for an all-cash purchase price of £35.2 million ($46.4 million), with additional potential consideration based on Grassform's performance through its fiscal year ending February 28, 2026. The acquisition was primarily funded using cash on hand and approximately $10 million in borrowings under NPK International's U.S. credit facility. This move is expected to provide enhanced scale and strengthen NPK International's core rental and service operations in the U.K.
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. NPK International Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251124374462) on November 24, 2025, and is solely responsible for the information contained therein.
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