Consolidation trend Oct 2008
MiTek/TMI combination to pursue further growth through strategic acquisitions
TMI's CEO stated the MiTek (Berkshire Hathaway) combination would accelerate geographic growth and enable expansion through strategic acquisitions, signaling an acquisitive platform posture.
“The combination of TMI and MiTek will allow us to provide even stronger service to our customers, accelerate our geographic growth, and expand through strategic acquisitions.”
Entities
MiTek Inc. · Platform TMI · Subsidiary
HVACOther Sentiment: Positive
Source: www.achrnews.com
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