Crawford United Acquires Rahn Industries to Expand Revenue

An update from Crawford United ( (CRAWA) ) is now available.

Crawford United Corporation has acquired Rahn Industries, a manufacturer of HVAC coils, for approximately $13 million, aiming to enhance its Commercial Air Handling segment by securing a crucial part of its supply chain. This strategic acquisition is expected to boost Crawford United’s annual revenue by $18 million and positively impact earnings, strengthening its position in the commercial air handling market.

More about Crawford United

Crawford United Corporation is a growth-oriented holding company that provides specialty industrial products across various markets, including healthcare, education, aerospace, defense, and transportation. It operates two main business segments: the Commercial Air Handling Equipment segment, which is a leader in creating customized, large-scale air handling solutions for hospitals and universities, and the Industrial & Transportation Products segment, which supplies precision components and coatings to aerospace and defense industries, along with a range of branded hose products.

YTD Price Performance: 2.50%

Average Trading Volume: 1,097

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $115.1M

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