Cadre Holdings to Acquire Multiple Leading Nuclear Brands
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Cadre Holdings, Inc. (NYSE: CDRE) has announced a definitive agreement to acquire Carr's Engineering Limited and Carr's Engineering (US), Inc., expanding its presence in the nuclear market.
January 16, 2025 | 1:15 am
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Cadre Holdings is acquiring Carr's Engineering Limited and Carr's Engineering (US), Inc., which will strengthen its position in the nuclear market.
The acquisition of Carr's Engineering will likely enhance Cadre Holdings' product offerings and market reach in the nuclear sector, potentially leading to increased revenues and market share. This strategic move is expected to positively impact CDRE's stock price in the short term.
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