CSW Industrials Acquires Shoemaker Manufacturing
December 15, 2021
CSW Industrials (Nasdaq: CSWI) acquired Shoemaker Manufacturing of Cle Elum, Washington for $41.3 million, expanding CSWI's HVAC/R product offering and adding domestic manufacturing capacity. The acquisition adds Shoemaker's grilles, registers, and diffusers (GRD) portfolio and increases CSWI's regional presence in the Pacific Northwest while expected to be accretive to earnings in the first full year of ownership.
- Buyers
- CSW Industrials, Inc.
- Targets
- Shoemaker Manufacturing
- Industry
- Building Products
- Location
- Washington, United States
- Transaction Type
- Buyout
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