Argan unit SMC completes acquisition of ValCor for about $8.3 million
Reuters2026/08/04 20:51- 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.
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