1847 Provides Further Detail on Previously Completed Sale of High Mountain Door & Trim Division; Reports Sale Price of Approximately $17 Million, More than Double the Original Purchase Price
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1847 Holdings LLC has successfully sold its High Mountain Door & Trim division to Builders FirstSource for approximately $17 million, more than double the original purchase price.
November 15, 2024 | 2:15 pm
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POSITIVE IMPACT
Builders FirstSource has acquired High Mountain Door & Trim from 1847 Holdings LLC for $17 million, expanding its portfolio in the building products sector.
The acquisition of High Mountain Door & Trim by Builders FirstSource for $17 million could strengthen its market position and product offerings, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
1847 Holdings LLC sold its High Mountain Door & Trim division for $17 million, more than double the original purchase price, indicating a successful investment and potential positive impact on the company's financials.
The sale of High Mountain Door & Trim for more than double the original purchase price suggests a strong return on investment for 1847 Holdings LLC. This could positively impact the company's financials and investor sentiment, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90