Generac Acquires Ageto, Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings Inc. (GNRC) has acquired Ageto, a company specializing in microgrid control systems. The terms of the acquisition were not disclosed.

August 05, 2024 | 11:36 am
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Generac Holdings Inc. (GNRC) has acquired Ageto, a company specializing in microgrid control systems. The terms of the acquisition were not disclosed.
The acquisition of Ageto by Generac Holdings Inc. (GNRC) is likely to have a positive short-term impact on GNRC's stock price. The acquisition aligns with Generac's strategy to expand its capabilities in the microgrid control systems market, which could enhance its product offerings and market position.
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