Worthington Enterprises Acquires 80% Stake in HALO Products Group
February 1, 2024
Worthington Enterprises has acquired an 80% ownership stake in an affiliate of HALO Products Group, adding HALO-branded pizza ovens, pellet grills, griddles and accessories to its consumer/outdoor-living portfolio. HALO is based in Elizabethtown, Kentucky, employs about 25 people and generated approximately $7 million in revenue in 2023; the deal is intended to expand Worthington's presence in the outdoor living segment and leverage its ecommerce, marketing and retail relationships to grow the HALO brand.
- Targets
- HALO Products Group
- Industry
- Consumer Products
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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