Construction M&A » By The Online Investor Staff, updated Fri., Apr. 19, 10:35 AM Recent mergers and acquisitions in the Construction M&A category.
This Slide: #61 of 100 |
Slide #61. EMCOR Group — RepconStrickland
Acquirer:
EMCOR Group (NYSE:EME)
Acquiree:
RepconStrickland
Details:
EMCOR Group, Inc. (NYSE:EME) today announced that it has completed its acquisition of RepconStrickland, Inc. ("RepconStrickland") for a purchase price of approximately $455 million in cash, as previously announced.
EMCOR Group is a specialty contractor in the U.S. and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Co. provides construction services and building services directly to corporations, municipalities and federal and state governmental entities, owners/developers, and tenants of buildings. Co. also provides its construction services indirectly by acting as a subcontractor to general contractors, systems suppliers, construction managers, developers, property managers, and other subcontractors. Co.'s industrial services are generally provided directly to refineries and petrochemical plants.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: EME Stock Forecast Based on Zacks ABR data; powered by Xignite |