GREY:XEBEQ - Post by User
Post by
Th3mtlon Nov 02, 2020 8:16am
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Post# 31821802
Acquisition of the Titus Company
Acquisition of the Titus Company Xebec is pleased to announce it has entered into an agreement effective October 30th, 2020, to acquire all of the outstanding shares of The Titus Company (Titus). Titus principals will remain with Titus after the acquisition to optimize their integration into Xebecs Industrial Service and Support business and to grow the operation over the coming years. With this acquisition, Xebecs Cleantech Service Network (CSN) coverage will increase to include Eastern Pennsylvania, Delaware and New Jersey. Over three decades ago I founded The Titus Company to support local Pennsylvania, New Jersey, and Delaware companies with their compressed air service needs. We are happy with what has been achieved to date and its time for the company to enter its next chapter. Titus legacy of superior capabilities in the compressed air industry will continue, and we will begin to support Xebecs vision in renewable gases. I am thrilled to be handing off the company to a cause that can make the world a better and more sustainable place, states Stephen Titus, Owner of The Titus Company.