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Vectren Acquires Minnesota Limited
"We believe this acquisition will allow our companies to work together to harness synergies and explore additional opportunities to better serve current and future market segments with a more comprehensive portfolio of services," said Doug Banning, CEO of Miller Pipeline, who also oversees Vectren's infrastructure services group. "Minnesota Limited and Miller Pipeline share a common history beginning as family-owned and operated companies, and have built our successes around a culture that values employees, safety, quality, integrity and superior customer satisfaction. Remaining committed to these values, we believe we can provide the most thoughtful and comprehensive solutions to address some of the nation's critical infrastructure needs."
Minnesota Limited's management team is expected to remain in place, as will the company's Minnesota headquarters.
"We're looking forward to joining the Vectren and Miller Pipeline teams and believe our services will complement Miller Pipeline's in providing customers with expanded expertise in underground construction," said Christopher Leines, CEO of Minnesota Limited. "Furthermore, this partnership provides a platform for long-term success and growth for our company and employees."