comparemela.com

Latest Breaking News On - Industries nasdaq - Page 8 : comparemela.com

UFP Industries acquires Shelter Products - Grand Rapids Business Journal

A subsidiary of UFP Industries acquired a factory housing distribution and logistics company in Alabama.

UFP Industries : acquires Shelter Products, Inc

UFP Industries : acquires Shelter Products, Inc
marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.

UFP Industries announces agreement to acquire PalletOne, further expanding industrial packaging

Press release content from Globe Newswire. The AP news staff was not involved in its creation. UFP Industries announces agreement to acquire PalletOne, further expanding industrial packaging . UFP Industries, Inc.December 10, 2020 GMT GRAND RAPIDS, Mich., Dec. 10, 2020 (GLOBE NEWSWIRE) UFP Industries (Nasdaq: UFPI) today announced that its board of directors approved an agreement for UFP Industrial, LLC, to purchase 100 percent of the equity of PalletOne, Inc. for approximately $232 million. This price assumes a cash-free, debt-free balance sheet. UFP also agreed to pay $18 million for PalletOne’s recent capital expenditures. The transaction is subject to a net working capital adjustment and is expected to close on December 28, 2020, pending customary closing conditions and regulatory approval. The purchase price will be funded using the company’s cash reserves, which currently total more than $400 million.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.