CSW Industrials ( (CSWI) ) has issued an announcement.
On March 17, 2025, CSW Industrials, through its subsidiary RectorSeal, entered into a definitive agreement to acquire Aspen Manufacturing for $313.5 million. This acquisition is expected to expand CSWI’s HVAC/R product portfolio and enhance its market position by adding Aspen’s evaporative coils and air handler offerings. The transaction aligns with CSWI’s strategic expansion goals and is anticipated to be immediately accretive to its earnings per share and EBITDA, while maintaining a strong balance sheet.
More about CSW Industrials
CSW Industrials is a diversified industrial growth company with operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. It provides niche, value-added products with a focus on performance and reliability, serving markets such as HVAC/R, plumbing, electrical, general industrial, and more.
YTD Price Performance: -16.93%
Average Trading Volume: 116,870
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.88B
For an in-depth examination of CSWI stock, go to TipRanks’ Stock Analysis page.