CSW Industrials Completes Acquisition of Aspen Manufacturing for $313.5 Million

Reuters
01 May
CSW Industrials Completes Acquisition of <a href="https://laohu8.com/S/1F3.SI">Aspen</a> Manufacturing for $313.5 Million

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSW Industrials Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9442845-en) on May 01, 2025, and is solely responsible for the information contained therein.

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