Business
Concrete Pumping Holdings Announces Strategic Acquisition of Templant Hire Limited to Enter U.K. Temporary Power Market
DENVER, April 01, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), through its U.K. operations under the
About this update from Concrete Pumping Holdings, Inc.
[{"type":"text","content":"DENVER, April 01, 2026 (GLOBE NEWSWIRE) -- Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (the “Company” or “CPH”), through its U.K. operations under the Camfaud brand, is pleased to announce the strategic acquisition of Templant Hire Limited (“Templant”), marking its entry into the U.K. temporary power market and establishing a platform in this adjacent sector. Templant is a well-established provider of temporary power solutions with more than 250 generators ranging from 20 kVA to 1250 kVA, with a strong reputation for service and customer-led operations. In addition to its core generator fleet, Templant offers a range of complementary service lines across temporary power and site infrastructure, including distribution equipment, cabling, fuel management, and on-site support services, positioning it as a broader solutions provider to customers. The acquisition complements Camfaud’s leading position in concrete pumping in the U.K. and expands Camfaud’s ability to support customers across the construction and infrastructure sectors.The combination creates clear opportunities for operational and commercial synergies, including cross-selling, shared customer relationships, and leveraging Camfaud’s national footprint to support Templant’s continued expansion. The transaction is expected to be net debt neutral and is consistent with CPH’s disciplined approach to capital allocation. Bruce Young, President & CEO, Concrete Pumping Holdings, Inc.: “This acquisition represents an important step in executing our strategy to build a diversified, multi-service platform supporting the construction and infrastructure sectors. It is a high-quality business with strong leadership, and we see clear opportunities to accelerate growth both organically and through disciplined add-on acquisitions, while also delivering meaningful synergies and long-term sustainable value for our shareholders.” Tony Faud, Managing Director, U.K. Camfaud Group: “We are delighted to be partnering with Templant as we continue to grow our market-leading, diversified services platform. This acquisition enhances our ability to support customers with a broader range of solutions, while maintaining the high service standards associated with Camfaud.” Chris Allen, Managing Director, Templant: “We are proud of what Templant has built over the years with a strong reputation for ...