M&A
confidence high
sentiment positive
materiality 0.70
Federal Signal completes $46.1M acquisition of TowHaul
FEDERAL SIGNAL CORP /DE/
- Purchase price $46.1M, subject to post-closing adjustments; closed Oct 3, 2022.
- Deal previously announced Sept 7, 2022; adds off-road towing and hauling products.
- CEO expects acquisition to be accretive in 2023 and strengthen market position.