Energy Services of America Completes Acquisition of FAMCO, Inc. Assets

Energy Services of America Corporation, through its subsidiary FAMCO Acquisition, Inc., has completed the acquisition of substantially all operating assets of FAMCO, Inc. for a base purchase price of $6.95 million, paid in cash and common stock. This acquisition aims to enhance Energy Services' utility construction operations by integrating FAMCO's expertise in water and sewer infrastructure, experienced workforce, and established customer relationships.