NOW Enhances Water Management Solutions with Acquisition of Trojan Rentals, LLC

DNOW Expands Water Management Capabilities Through Acquisition of Trojan Rentals

DNOW Inc. has completed its all-cash acquisition of Trojan Rentals, LLC, enhancing its water management solutions portfolio. This strategic move is part of DNOW’s ongoing effort to provide comprehensive offerings in water sourcing, transfer, recycling, and treatment. David Cherechinsky, President and CEO of DNOW, highlights that Trojan Rentals' robust reputation for customer service and its specialized products will significantly bolster DNOW’s capabilities in the water management sector. This acquisition marks the third addition to DNOW's strategy, which is focused on delivering integrated water management solutions that cater to the growing needs of various markets.

Trojan Rentals, founded in 2016 and based in Odessa, Texas, specializes in pump rentals, automation technology, and sales of layflat hose and related equipment. The company employs around 90 individuals and serves a diverse clientele, including upstream and midstream oil and gas sectors, municipal entities, and industrial users. DNOW’s integration of Trojan’s automation services into its expanding U.S. Process Solutions business is expected to further meet the rising demand for sophisticated water management solutions across these industries, providing a more versatile approach to water-related challenges.

With a legacy that spans over 160 years, DNOW continues to adapt to the evolving needs of its customers. The company, headquartered in Houston, Texas, employs approximately 2,550 people globally and offers a wide range of energy and industrial products. Its DigitalNOW® suite delivers advanced digital commerce and data management solutions, positioning DNOW as a leader in the energy and industrial sectors. The acquisition of Trojan Rentals not only enhances DNOW's product offerings but also aligns with its commitment to long-term shareholder value and sustainable business practices.

In addition to its recent acquisition, DNOW remains focused on expanding its service capabilities across various industries, including exploration, production, and renewable energy. The integration of new technologies and services is poised to elevate DNOW’s position in the market, ensuring that it meets the complex demands of water management and environmental stewardship.

As DNOW continues to grow and innovate, the company encourages stakeholders to review its filings with the U.S. Securities and Exchange Commission for a comprehensive understanding of potential risks and uncertainties associated with its forward-looking statements. This proactive approach ensures transparency and reinforces DNOW's commitment to responsible business practices.