Limbach Holdings Acquires Kent Island Mechanical For An Initial Purchase Price Of $15M
Portfolio Pulse from Benzinga Newsdesk
Limbach Holdings, Inc. (NASDAQ:LMB) has acquired Kent Island Mechanical, LLC for an initial purchase price of $15 million. This acquisition enhances Limbach's service offerings in the Greater Washington, D.C. metro region, focusing on building systems solutions.
September 03, 2024 | 1:20 pm
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Limbach Holdings has acquired Kent Island Mechanical for $15 million, expanding its service capabilities in the Greater Washington, D.C. area. This strategic acquisition is likely to enhance Limbach's market position and service offerings.
The acquisition of Kent Island Mechanical by Limbach Holdings is a strategic move to enhance its service offerings in a key geographic area. This is likely to positively impact Limbach's market position and could lead to increased revenues, making the stock more attractive to investors.
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