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L.B. Foster Company Acquires Dulworth Enterprises for $52.18 Million

PRIVATEOct 29, 2026

Acquiring Company

L.B. Foster

Acquired Company

Dulworth Enterprises

PittsburghTexasManufacturingConstructionBuilding MaintenanceCivil Engineering

Description

On October 28, 2026, L.B. Foster Company's subsidiary CXT Incorporated entered into an Asset Purchase Agreement to acquire the operating assets of Dulworth Enterprises for $52,180,000 in cash. The acquisition is aimed at enhancing L.B. Foster's Precast Concrete Products business unit. The transaction closed on the same day. Funding was secured through cash on hand and existing credit facilities.

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Company Information

Company

L.B. Foster

Location

Pittsburgh, Pennsylvania, United States

About

Founded in 1902, L.B. Foster Company is a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure. The Company’s innovative engineering and product development solutions address the safety, reliability, and performance needs of its customer's most challenging requirements. The Company maintains locations in North America, South America, Europe, and Asia. For more information, please visit www.lbfoster.com.

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Frequently asked

Who acquired Dulworth Enterprises?

Dulworth Enterprises was acquired by L.B. Foster, based in Pittsburgh. The deal was reported on October 29, 2026. Founded in 1902, L.B. Foster Company is a global technology solutions provider of engineered, manufactured products and services that builds and supports infrastructure. L.B. Foster is privately held and operates in Manufacturing.

When did L.B. Foster acquire Dulworth Enterprises?

L.B. Foster's acquisition of Dulworth Enterprises was reported on October 29, 2026. On October 28, 2026, L.B. Foster Company's subsidiary CXT Incorporated entered into an Asset Purchase Agreement to acquire the operating assets of Dulworth Enterprises for $52,180,000 in cash. The acquisition is aimed at enhancing L.B. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dulworth Enterprises do?

Dulworth Enterprises, Inc. is a Texas-based company that specializes in providing high-quality construction and engineering solutions. The company has a strong reputation for its innovative approach and commitment to excellence in serving its clients. It is privately held, operating in Construction, and is based in Texas.

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