1847 Holdings Completes Acquisition of Leading Cabinetry, Millwork & Door Manufacturer
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1847 Holdings LLC has completed the acquisition of CMD Inc., a cabinetry, millwork, and door manufacturer, adding $33.1 million in revenue and $10.4 million in net income. The acquisition, valued at $18.75 million, is expected to enhance 1847's profitability and cash flow.
December 18, 2024 | 12:30 am
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1847 Holdings LLC has acquired CMD Inc., adding significant revenue and net income, which is expected to enhance the company's profitability and cash flow.
The acquisition of CMD Inc. by 1847 Holdings is a strategic move that adds substantial revenue and net income, likely leading to improved profitability and cash flow. The transaction is highly accretive, suggesting a positive short-term impact on EFSH's stock price.
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