Kewaunee Scientific Acquires Lab Equipment Manufacturer Nu Aire for $55 Million

MT Newswires Live

2024/11/02

Kewaunee Scientific (KEQU) said Friday it has acquired lab equipment manufacturer Nu Aire for $55 million.

The company said the acquisition complements its existing offerings.

Shares of Kewaunee jumped nearly 16% in recent trading.

Price: 36.77, Change: +5.05, Percent Change: +15.92

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