M&A
confidence high
sentiment positive
materiality 0.55
Atkore acquires Elite Polymer Solutions for $91.6M to expand HDPE conduit
Atkore Inc.
- Purchase price of $91.6M for assets of Elite Polymer Solutions, an HDPE conduit manufacturer.
- Elite serves telecom, utility, and transportation markets; strengthens Atkore's underground protection portfolio.
- Elite operates from Lovelady, Texas, with approximately 55 employees; will remain at current location.
- CEO Bill Waltz cites disciplined capital allocation: organic investments, M&A, and share repurchases.