MSA Safety Inc

NYSE:MSA   3:59:50 PM EDT
167.70
+0.02 (+0.01%)
Other Pre-Announcement, Mergers / Acquisitions

MSA Safety To Expand Gas Detection Business With Acquisition Of Bacharach Inc

Published: 05/24/2021 12:20 GMT
MSA Safety Inc (MSA) - Msa Safety to Expand Gas Detection Business With Acquisition of Bacharach, Inc.; a Leader in Heating, Ventilation, Air Conditioning and Refrigeration (hvac-r) Leak Detection.
Msa Safety Inc - Deal for $337 Million.
Msa Safety Inc - Planning for Adjusted Earnings Accretion of $0.10 - $0.15 per Share in H2 2021 and $0.25 - $0.35 per Share for Full Year of 2022.
Msa Safety Inc - Transaction is Expected to Be Financed Through a Combination of Fixed and Variable Incremental Borrowings.
Msa Safety Inc - Entered Into Definitive Agreement to Acquire Bacharach, Inc. and Its Affiliated Companies From Ffl Partners.
Msa Safety - in Connection With Acquisition, Co Amended & Extended Its Credit Facilities to Increase Borrowing Capacity.