NWPX Infrastructure Acquires Serpentix Conveyor, Expanding Wastewater Platform
NWPX has more than doubled off its 52-week low of $49.25.
Summary
NWPX Infrastructure closed the acquisition of Serpentix Conveyor, LLC on September 2, 2026, adding engineered conveyor systems for municipal wastewater treatment and industrial manufacturing. Serpentix generated approximately $15.6 million in trailing twelve-month net sales as of June 30, 2026, and the deal is expected to be immediately accretive to earnings. This is NWPX's second acquisition this year, following Boughton's Precast in February, and extends its wastewater platform alongside existing dewatering and separation capabilities. The transaction aligns with the company's stated strategy of disciplined capital allocation in essential water infrastructure. No purchase price was disclosed.
At the time of this announcement, NWPX was trading at $109.88 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $49.25 to $152.03. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.