Janus International Group Announces Acquisition of Terminal Maintenance and Construction, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Janus International Group, Inc. (NYSE:JBI) has announced the acquisition of Terminal Maintenance and Construction (TMC), a provider of terminal maintenance services for the trucking industry. The financial terms of the deal were not disclosed. This acquisition is expected to support the growth of Janus's Facilitate division.
May 20, 2024 | 10:57 am
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Janus International Group has acquired Terminal Maintenance and Construction to enhance its Facilitate division. This strategic move is expected to support growth in facility maintenance services.
The acquisition of TMC is a strategic move for Janus International Group to enhance its Facilitate division, which could lead to growth in facility maintenance services. This is likely to have a positive short-term impact on JBI's stock price.
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