L.B. Foster acquires Dulworth operating assets for about $52.2 million
FSTR•L.B. Foster acquired substantially all operating assets of Dulworth Enterprises for approximately $52.2 million in cash. Dulworth is expected to generate about $18 million in annual revenue and contribute an estimated $6.5 million to $7.5 million in EBITDA, including synergies, after integration.
1. Acquisition details
L.B. Foster acquired substantially all operating assets of Dulworth Enterprises through its subsidiary CXT for approximately $52.2 million in cash. The transaction closed October 28, 2026, expanding its residential wastewater precast products and aerobic treatment systems business.
2. Expected contribution
Dulworth is expected to generate approximately $18 million in annual revenue. Its estimated EBITDA contribution, including synergies, is approximately $6.5 million to $7.5 million following integration, which is expected to take 12–18 months.
