Hill & Smith Holdings (GB:HILS) has released an update.
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Hill & Smith PLC, an international provider of sustainable infrastructure products and services, has announced the strategic acquisition of Whitlow Electric Service Company for $30.2 million, aiming to expand its footprint in the US electrical infrastructure market, particularly in the Southeast. The acquisition is poised to enhance the Group’s structural steel fabrication capacity and is expected to be earnings-enhancing in 2024. This move is part of Hill & Smith’s ongoing strategy to grow through acquisitions within high-growth markets.
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