Enerpac Tool Group Announces Definitive Agreement To Sell Cortland Industrial To Tufropes; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Enerpac Tool Group has announced a definitive agreement to sell Cortland Industrial to Tufropes. The terms of the deal were not disclosed.
July 11, 2023 | 7:22 pm
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Enerpac Tool Group's sale of Cortland Industrial to Tufropes could potentially impact the company's financials and operations.
The sale of Cortland Industrial could potentially impact Enerpac Tool Group's financials and operations. However, without the terms of the deal, it's difficult to predict the exact impact. The sale could either free up resources for other ventures or result in a loss, depending on the terms.
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