- Expands into adjacent window and door category
- Adds premium overhead garage doors to product portfolio
- Broadens geographic footprint and brand presence in high-growth Western region
- Adds another strong brand to PGT Innovations brand portfolio
- Creates cross-selling opportunities for existing Western Division brands and NewSouth Window Solutions
- Strong cultural and values fit across both companies
- Purchase price of $185 million; Sales of approximately $60 million expected in 2022
- Expected to be immediately accretive to EBITDA margin, accretive to adjusted EPS within first year
Twin Vee PowerCats Set To Acquire Aquasport Boats And 150,000 Sq. Ft. Tennessee Manufacturing Facility For A Total Purchase Price Of $3.1M
Aquasport has Been an Established Player in the Recreational Marine Industry for Over 50 Years
FORT PIERCE, FL / ACCESSWIRE / May 9, 2023 / Twin Vee PowerCats, Co. (NASDAQ:VEEE),("Twin Vee" or the