PGT Innovations Acquires Remaining 25% Ownership Interest In Eco Enterprises
Portfolio Pulse from Shivani Kumaresan
PGT Innovations has acquired the remaining 25% ownership interest in Eco Enterprises, a brand of aluminum, impact-resistant windows, and doors. The acquisition aims to accelerate revenue growth, expand margins, and strengthen the supply chain.
June 05, 2023 | 6:53 pm
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PGT Innovations acquires the remaining 25% stake in Eco Enterprises, aiming to accelerate revenue growth, expand margins, and strengthen the supply chain.
The acquisition of the remaining 25% stake in Eco Enterprises by PGT Innovations is expected to have a positive short-term impact on PGTI's stock price. The acquisition aims to accelerate revenue growth, expand margins, and strengthen the supply chain, which are all factors that can contribute to the company's overall financial performance and potentially increase its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100