Circor International, Inc.NYSE
Thu, Oct. 13, 7:55 AM
- Circor (NYSE:CIR) agrees to acquire Critical Flow Solutions, a maker of critical severe-service equipment for refining operations, for $210M.
- CIR says Critical Flow Solutions recorded revenue of ~$120M with EBITDA margins of greater than 20% for the fiscal year ended June 30.
- CIR expects the acquisition to become EPS accretive in the first 12 months of combined operations.