Cadre Holdings agrees to acquire Carr's Engineering for £75M (~$91.5M)

Cadre Holdings, Inc.

Purchase price £75M (~$91.5M) for Carr's Engineering (UK & US) from Carr's Group Plc.
Consideration includes adjustments for working capital, cash, debt, and contingent elements.
Closing expected by August 31, 2025, subject to regulatory approvals and customary conditions.
Cadre Holdings guarantees obligations of its subsidiary buyer Zircaloy Holdings.

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