CSW Industrials Deploys $40 Million of Acquisition Capital in Profitable Plumbing End Market
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CSW Industrials has announced a $40 million acquisition of PF Waterworks, LP, a company specializing in eco-friendly drain management solutions. This acquisition is expected to be accretive to CSW Industrials' earnings per share in the first full year and is part of a broader strategy to invest in innovative products.
November 07, 2024 | 1:45 pm
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CSW Industrials has acquired PF Waterworks for $40 million, aiming to enhance its product portfolio with eco-friendly solutions. The acquisition is expected to be accretive to earnings per share in the first year.
The acquisition of PF Waterworks is a strategic move by CSW Industrials to enhance its product offerings in the eco-friendly segment. The deal is expected to be accretive to earnings per share, indicating a positive financial impact. The valuation of 9.5x EBITDA suggests a fair price, and the company's history of $695 million in acquisitions shows a strong commitment to growth through strategic investments.
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