Argan unit SMC completes acquisition of ValCor for about $8.3 million

Reuters2026/08/04 20:51

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Argan’s Southern Maryland Cable acquired Connecticut-based ValCor Communications, expanding its Teledata operations into New England.
Transaction closed July 31, 2026, with initial consideration of about $8.3 million funded with cash and Argan common stock.
ValCor provides installation, maintenance, repair services for information, communication, data networks across New England.
Deal adds exposure to defense, aerospace, technology customers, strengthening Southern Maryland Cable’s positioning in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Argan Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260804294503) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Argan unit SMC completes acquisition of ValCor for about $8.3 million

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