Dulworth Enterprises, a Texas-based manufacturer of precast concrete wastewater solutions, was sold to CXT Incorporated, a subsidiary of L.B. Foster Company, for approximately $52.2 million in cash. Market Street Capital acted as the exclusive financial advisor for Dulworth, guiding the family-owned business through the sale process, including negotiations and due diligence. The acquisition combines Dulworth's residential wastewater products with CXT's precast concrete operations, potentially expanding their market reach and production capabilities. The transaction closed on October 28, 2026, marking a significant strategic move for both companies.
The sale of Dulworth Enterprises to CXT Incorporated provides context for readers. For those following Industrials-sector stocks, 83 of 136 priced US stocks rose while 48 fell. Notable movers include FCEL at USD 10.96 with a 4.38% increase and 98% sell activity, TE at USD 2.67 with a 4.30% increase and 72% buy activity, and TRI at USD 117.00 with a 4.29% decrease. Data is as of Nov 03, 2026 20:43 WIB.
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