Consolidation trend Apr 2022
AZZ Strategy to Become Predominantly a Metal Coatings Company
The Precoat acquisition advances AZZ's strategy of becoming predominantly a metal coatings company, significantly enhancing scale and margin profile through consolidation in the metal coatings sector.
“Combination advances AZZ’s previously stated strategy of becoming predominantly a metal coatings company – Significantly enhances AZZ’s scale, resulting in pro forma revenue and adjusted EBITDA of more than $1.6 billion(2) and $300 million(2), respectively”
Entities
AZZ Inc. · Acquirer
Other Sentiment: Positive
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