Jason Industries Announces Completion of Fiber Solutions Sale
30 Agosto 2019 - 3:45PM
Business Wire
Jason Industries, Inc. (NASDAQ:JASN, JASNW) (the "Company" or
"Jason Industries") announced today the successful completion of
its previously announced sale of its Fiber Solutions segment to
Motus Integrated Technologies for approximately $85 million. The
sale price includes up to $5 million of consideration contingent on
achievement of certain performance conditions during 2019. The
Company expects to use the net proceeds from the sale transaction
to reinvest in its remaining businesses or retire debt.
Additional information, including key terms and the financial
impact of the transaction, are included in the Company’s second
quarter earnings presentation available at
investors.jasoninc.com.
About Jason Industries, Inc.
The Company is the parent company to a global family of
manufacturing leaders within the finishing, components, and seating
markets, including Osborn (Richmond, Ind. and Burgwald, Germany),
Metalex (Libertyville, Ill.), and Milsco (Milwaukee, Wis.).
Headquartered in Milwaukee, Wis., Jason employs more than 2,600
people in 13 countries. To learn more, please visit
www.jasoninc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190830005229/en/
Investor Relations Rachel Zabkowicz investors@jasoninc.com
414.277.2007
Grafico Azioni Jason Industries, Inc. (NASDAQ:JASNW)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Jason Industries, Inc. (NASDAQ:JASNW)
Storico
Da Mag 2023 a Mag 2024
Notizie in Tempo Reale relative a Jason Industries - Warrant (NASDAQ): 0 articoli recenti
Più Jason Industries - Warrant Articoli Notizie