Valmont Industries Inc., Omaha, Neb., has completed its acquisition of Newmark International Inc., Birmingham, Ala., from Newmark's parent company, Pfleiderer AG of Neumarkt, Germany.Valmont Industries Valmont Industries, Inc. (NYSE: VMI) is a large publicly held Nebraska-based manufacturer of Valley center pivot irrigation systems, windmill support structures, lighting and traffic poles, and steel utility poles. Inc., Omaha, Neb., has completed its acquisition of Newmark International Inc., Birmingham, Ala., from Newmark's parent company, Pfleiderer AG of Neumarkt, Germany. The transaction includes all six of Newmark's North American North Americannamed after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. concrete pole plants and one steel pole plant in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . The purchase price totaled approximately $105 million in cash and the assumption of $I0 million in debt. Earl Foust, who has served as Newmark's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for the past 11 years, and his management team will join Valmont. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion