Add-on acquisition Closed Jun 2025 Verified
Worthington Enterprises Acquires Elgen Manufacturing
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Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Worthington Enterprises completed the acquisition of Elgen Manufacturing, a leader in HVAC components and structural framing for commercial buildings, for approximately $93 million. The deal closed in mid-June 2025 and is expected to be accretive to margins and cash flows, complementing Worthington's existing Building Products business.