GlobeNewswire·Apr 1, 2026, 9:00 AM ET

Concrete Pumping Holdings Announces Strategic Acquisition of Templant Hire Limited to Enter U.K. Temporary Power Market

Concrete Pumping Holdings, Inc. (NASDAQ: BBCP) announced the strategic acquisition of Templant Hire Limited through its U.K. Camfaud brand.
The transaction marks Concrete Pumping Holdings' entry into the U.K. temporary power market.
Templant operates a fleet of more than 250 generators ranging from 20 kVA to 1250 kVA.
Templant provides complementary services including distribution equipment, cabling, fuel management, and on-site support.
The acquisition creates opportunities for operational synergies, cross-selling, and leveraging Camfaud's national footprint.
The deal is expected to be net debt neutral consistent with the company's capital allocation approach.
Bruce Young, President & CEO, stated the acquisition supports a diversified, multi-service platform strategy.
Tony Faud, Managing Director of U.K. Camfaud Group, emphasized the enhanced ability to support customers with broader solutions.
Chris Allen, Managing Director of Templant, highlighted the partnership's role in accelerating growth and expanding geographic reach.
As of January 31, 2026, Concrete Pumping Holdings operated approximately 95 branch locations in the U.S. and 35 in the U.K. and Republic of Ireland.