Nortek Acquires Anthro Corporation

Nortek used approximately $50.0 million from its ABL facility to fund the acquisition of Anthro Corporation, which contributed to net sales and adjusted EBITDA in the second quarter of 2015.

“including approximately $50.0 million used for the acquisition of Anthro Corporation.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.