Dresser Utility Solutions acquires pipe-pulling tech firm Kobus
(UI) — Dresser Utility Solutions has acquired Kobus, a U.S.- and U.K.-based provider of gas and water pipe pulling technology, in a move aimed at expanding Dresser’s infrastructure repair capabilities for utility customers.
Kobus, previously a portfolio company of Agile Growth Equity, will maintain operations in Houston and Tamworth. Its pipe replacement system, known as the Kobus Pipe Puller, is designed to accelerate and improve the safety of underground pipe replacements—particularly relevant amid growing federal mandates to remove aging and lead service lines across the U.S.
“This acquisition aligns with our corporate strategy to be a complete supplier of essential technology to utilities worldwide,” said David Evans, CEO of Dresser Utility Solutions. “Together with Kobus, we are better positioned to address the challenges of aging utility infrastructure, including recent legislation aimed at replacing lead service lines.”
Kobus President Tom Atienza added, “By joining forces with Dresser Utility Solutions, we will be able to leverage their extensive network and resources to enhance our ability to deliver critical infrastructure modernization solutions.”
Dresser Utility Solutions is a portfolio company of First Reserve and serves water, gas, and industrial utility sectors.
Related News
From Archive
- Intrepid Fiber breaks ground on fiber optic network in Superior, Colo.
- Excavator collides with I-95 overpass in Henrico, Va., causing multi-vehicle crash
- Shrewsbury, Mass., expands sewer inspections and cleaning efforts
- Two workers rescued after hours trapped in Mich. trench collapse
- Trump calls for Keystone XL pipeline revival, but developer has moved on
- Illinois overhauls Peoples Gas pipeline program, mandates focus on high-risk pipes
- Ameren Illinois to invest $140 million in natural gas pipeline replacement program
- Charlottesville, Va., to begin work on 24-inch water line for Rivanna River crossing
- Mass. governor slams Trump for ‘dangerous delay’ of $50 million in lead pipe replacement funds
Comments