Gibraltar Industries Acquires Assets of Delta Separations
February 13, 2020
Gibraltar Industries acquired the assets of California-based Delta Separations for $50 million in an all-cash transaction that closed on February 13, 2020. Delta Separations, a manufacturer of centrifugal ethanol-based extraction systems serving cannabis, hemp and botanical processors, reported 2019 revenue of $46 million and is expected to be accretive to Gibraltar in 2020.
- Buyers
- Gibraltar Industries, Inc.
- Targets
- Delta Separations
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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