Pure completes acquisition of Pressure Pipe Inspection Company

摘要

PURE Technologies Ltd has announced that it has concluded the purchase of The Pressure Pipe Inspection Company (PPIC) for up to 34.9mn CAD dollars in cash and common stock of Pure. PPIC, a privately-held company with headquarters in Mississauga, Ontario, is a leader in large-diameter water and wastewater pipeline condition assessment. PPIC is currently active in North America (including Mexico), South America, the Philippines and Hong Kong.