CSW Industrials Inc. (Nasdaq: CSWI) has completed its acquisition of Aspen Manufacturing for approximately $313.5 million in cash. This strategic move, initially announced earlier, aims to enhance CSW Industrials' HVAC/R product portfolio by incorporating Aspen Manufacturing's leading evaporator coils and air handlers. The acquisition is expected to drive market growth and expand customer base by leveraging CSW's expertise in the HVAC/R sector. Aspen Manufacturing, based in Humble, TX, brings a product suite that includes high-quality residential and commercial HVAC components, and approximately 350 new employees will join the CSW Industrials family.
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