Gibraltar acquires Quality Aluminum Products for $54M cash, accretive to earnings

GIBRALTAR INDUSTRIES, INC.

Purchase price $54M in cash; QAP manufactures aluminum/steel residential building products.
Trailing 12M revenue $93M, Adjusted EBITDA $11.5M.
Acquisition expected to be immediately accretive to Gibraltar's earnings.
Expands Gibraltar's residential product offering and presence in Midwest, Northeast, South markets.

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