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Limbach Holdings ( (LMB) ) has provided an update.
Limbach Holdings, Inc. has acquired Consolidated Mechanical, Inc. for $23 million, expanding its reach into the industrial sector and enhancing its service offerings across Kentucky, Michigan, and Illinois. This strategic acquisition is expected to contribute significant revenue and EBITDA starting in 2025, while strengthening Limbach’s direct relationships with facility owners and positioning it for further growth in the power generation, food processing, manufacturing, and metals markets. The deal highlights Limbach’s ongoing commitment to value-enhancing opportunities that align with its strategic goals.
Learn more about LMB stock on TipRanks’ Stock Analysis page.