Energy Services of America Corp: acquires FAMCO assets for $6,950,000

What happened Energy Services of America Corporation reported that on Oct 23, 2026 it completed the previously announced acquisition of substantially all of the operating assets of FAMCO, Inc. The assets were acquired by FAMCO Acquisition, Inc., a subsidiary of Energy Services, for a base purchase price of $6,950,000, subject to adjustments. The filing says the acquired operations complement the company’s existing water and utility construction operations.

Key details

• Buyer: FAMCO Acquisition, Inc., a subsidiary of Energy Services of America Corporation.
• Seller/target: FAMCO, Inc., a West Virginia utility contractor focused primarily on water and sewer infrastructure.
• Date completed: Oct 23, 2026.
• Purchase price: base purchase price of $6,950,000, subject to adjustments.

Why it may matter This Item 8.01 (Other events) filing reports the completion of an acquisition and covers the basic transaction terms and parties. The filing does not show why the insider traded or why the company acted.