ENERGY SERVICES OF AMERICA ANNOUNCES AGREEMENT TO ACQUIRE FAMCO, INC.
PR Newswire•01/10/2026•17:00 ET
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Key Highlights
- ➤FAMCO assets acquisition price $6.95 million
- ➤Three-eighths of purchase price payable in cash at closing
- ➤One-half of purchase price payable in Energy Services common stock
- ➤Closing anticipated on or about October 9, 2026
- ➤FAMCO acquisition expands water and sewer infrastructure operations
Expert Statements
Douglas Reynolds, President of Energy Services of America
“We are excited to add FAMCO to the Energy Services team. FAMCO brings experienced people, equipment and customer relationships that complement our existing operations and further strengthen our capabilities in water and utility construction.”
ENERGY SERVICES OF AMERICA ANNOUNCES AGREEMENT TO ACQUIRE FAMCO, INC. PR Newswire
HUNTINGTON, W.Va., Oct. 1, 2026 /PRNewswire/ -- Energy Services of America Corporation (the "Company" or "Energy Services") (Nasdaq: ESOA), today announced it has entered into an Asset Purchase Agreement with FAMCO, Inc. ("FAMCO"), a West Virginia utility contractor focused primarily on water and sewer infrastructure.
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