Orbital energy group's subsidiary, gibson technical services, acquires privately owned engineering company, immco inc.

Houston, aug. 2, 2021 /prnewswire/ -- orbital energy group, inc. (nasdaq: oeg) ("oeg") today announced its telecommunications subsidiary, gibson technical services, inc. ("gts"), has entered into a definitive stock purchase agreement ("spa") to acquire 100% of immco, inc. ("immco"), an atlanta-based, privately-owned full-service telecom engineering and network design company providing diversified engineering services and customized software solutions to a global customer base since 1992.  the acquisition will immediately add revenues and earnings to gts and to oeg.
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