Divestiture Oct 2025 Verified
AVAIL JV Sells Electrical Products Group
AZZ Inc.'s unconsolidated joint venture AVAIL sold its Electrical Products Group, resulting in a distribution of $273.2 million to AZZ during the first six months of fiscal 2026. The gain on this sale significantly impacted AZZ's reported equity in earnings.
“The Company generated significant operating cash of $373.2 million for the first six months of fiscal year 2026 through improved earnings, which included a distribution of $273.2 million from the AVAIL JV following the sale of its Electrical Products Group”
Entities
AZZ Inc. · Parent
Electrical Sentiment: Positive
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