October 11, 2016 / 1:46 PM / a year ago

BRIEF-Gibraltar acquires Nexus Corp for $25 million

Oct 11 (Reuters) - Gibraltar Industries Inc :

* Gibraltar strengthens position in growing US greenhouse market with acquisition of Nexus Corporation

* Gibraltar Industries Inc - deal for $25 million

* Gibraltar Industries Inc says all cash purchase price was funded from available cash

* Gibraltar Industries Inc - all cash purchase price was funded from available cash

* Gibraltar Industries Inc - Gibraltar does not expect acquisition to have a material impact on its consolidated revenues or earnings in 2016

* Gibraltar Industries Inc - Nexus is expected to generate revenues of $30 million in year ending December 31, 2016 Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below