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Nucor Expands Portfolio With $565M Acquisition of Rytec - Carpenter Tech (NYSE:CRS), ATI (NYSE:ATI)

Nucor Corporation (NYSE: NUE) announced an agreement to acquire Rytec Corporation, a leading manufacturer and seller of high-speed, high-performance commercial doors, for $565 million in an all-cash transaction. This represents approximately 12.5 times Rytec's projected 2024 EBITDA.

US Commercial Doors Market Insights Report 2024: An $11 5+ Billion Industry by 2029, Driven by Demand for Automatic, Sustainable, and Technologically Enhanced Doors

Arizton Advisory & Intelligence: Commercial Door Market Revenue Witnessing Upward Surge, While the market in the US will Cross $11 Billion, Europe Witnessing $18 Billion Revenue by 2029

Arizton Advisory & Intelligence: Commercial Door Market Revenue Witnessing Upward Surge, While the market in the US will Cross $11 Billion, Europe Witnessing $18 Billion Revenue by 2029
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