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The latest announcement is out from Limbach Holdings (LMB).
Limbach Holdings, Inc. has successfully completed the acquisition of Kent Island Mechanical, LLC, a specialty mechanical contractor based in Laurel, MD, with the deal involving an initial cash payment of $15 million and the potential for an additional $5 million earnout. This strategic move is expected to enhance Limbach’s market presence and offer potential financial growth opportunities for its stakeholders.
See more insights into LMB stock on TipRanks’ Stock Analysis page.