DNOW Inc. finalizes acquisition of Trojan Rentals, LLC to enhance water management solutions
Acquiring Company
DNOW
Acquired Company
Trojan Rentals
HoustonOdessaManufacturingInformation TechnologyEnergyOil And GasEnergyOil And GasWaterDescription
DNOW Inc. (NYSE: DNOW) has successfully completed an all-cash acquisition of Trojan Rentals, LLC, a leading provider of pump rentals, automation technology, and sales of layflat hose and associated equipment. This acquisition expands DNOW’s product offering, enhances its earnings profile, and strategically aligns with its commitment to increasing long-term value for shareholders and stakeholders. Trojan’s automation services are highly complementary to DNOW’s growing U.S. Process Solutions business and complement its Flex Flow pump rental business, providing solutions for complex water management challenges.
Quick answer
DNOW is acquiring Trojan Rentals, announced November 26, 2024. DNOW is based in Houston, Texas, United States.
- How much did DNOW pay for Trojan Rentals?
- The deal value was not disclosed.
- What does DNOW do?
- DNOW Inc. is a worldwide supplier of energy and industrial products and packaged, engineered process and production equipment with a legacy of 160 years.
- Where are DNOW and Trojan Rentals based?
- DNOW is based in Houston, Texas, United States. Trojan Rentals is based in Odessa, Texas, United States.
- Who are the decision-makers at DNOW?
- Fundz holds 3 contacts at DNOW. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at DNOW, and when
When DNOW changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day DNOW raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DNOW, from your own LinkedIn network
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Frequently asked
Who acquired Trojan Rentals?
Trojan Rentals was acquired by DNOW, based in Houston. The deal was reported on November 26, 2024. DNOW Inc. is a worldwide supplier of energy and industrial products and packaged, engineered process and production equipment with a legacy of 160 years. DNOW is publicly traded (DNOW) and operates in Manufacturing.
When did DNOW acquire Trojan Rentals?
DNOW's acquisition of Trojan Rentals was reported on November 26, 2024. DNOW Inc. (NYSE: DNOW) has successfully completed an all-cash acquisition of Trojan Rentals, LLC, a leading provider of pump rentals, automation technology, and sales of layflat hose and associated equipment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Trojan Rentals do?
Trojan Rentals, LLC is a leading provider of pump rentals, automation technology, and sales of layflat hose and other associated equipment to support customers’ water sourcing, transfer, recycling, and treatment requirements. It is privately held, operating in Energy, and is based in Odessa.
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