CSW Industrials to Acquire TRUaire for $360 Million

Summary

CSW Industrials, through its subsidiary RectorSeal, has entered into a stock purchase agreement to acquire T.A. Industries d/b/a TRUaire. The total consideration is $360 million, consisting of $284 million in cash and 849,852 shares of CSWI common stock. The transaction is expected to close subject to regulatory approvals and customary conditions.