Market Overview

Generac Subsidiary to Buy Ottomotores UK for $46.5M in Cash

Related GNRC
Fast Money Picks For May 12
Top 4 Mid-Cap Stocks In The Diversified Machinery Industry With The Highest ROE

Generac Holdings Inc. (NYSE: GNRC) announced today that one of its subsidiaries has signed a definitive share purchase agreement to acquire from a subsidiary of TT electronics plc all of the shares of Ottomotores UK Limited and its affiliates, including the operations of Ottomotores Mexico and Ottomotores Brazil, (collectively “Ottomotores”) for $46.5 million in cash, subject to certain closing net asset adjustments.

Posted-In: News M&A


Related Articles (GNRC)

Around the Web, We're Loving...