AZZ Agrees To Acquire DAAM Galvanizing For Undisclosed Sum
AZZ Inc (NYSE:AZZ) has agreed to acquire DAAM Galvanizing Co. Ltd., a private hot-dip galvanizing company based in Edmonton, Alberta, Canada. Deal terms were not disclosed. AZZ expects the acquisition to be accretive to earnings within the first year of operation. Founded in 1954, DAAM operates two galvanizing facilities in Canada; one…
Benzinga ·