Airboss of America (TSE:BOS) has released an update.
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AirBoss of America Corp. has announced a strategic transition to focus on core rubber compounding capabilities and growth opportunities, dividing into two segments: AirBoss Rubber Solutions and AirBoss Manufactured Products. The company has engaged TD Securities Inc. to explore various options to enhance shareholder value, including acquisitions, divestitures, and monetization of real estate assets. AirBoss, a leader in custom rubber compounding and survivability solutions, is committed to its transformation into a global market presence without a set timeline for the strategic review’s completion.
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