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Announced

Completed

NSI Industries completed the acquisition of Duro Dyne.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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HVAC services

Building Materials: Other

Acquisition

Majority

Completed

building materials

Single Bidder

United States

sheet metal forming

Private

flexible duct

Domestic

Friendly

Synopsis

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NSI Industries, an electrical product solutions provider, completed the acquisition of Duro Dyne, a sheet metal accessories and equipment for the HVAC industry manufacturer. Financial terms were not disclosed. "Duro Dyne has built a tremendous reputation with its customers over the years as not only providing first in class products, but also as being the easiest company to work with in the market. With these attributes, Duro Dyne aligns itself naturally with the qualities with which NSI also pride itself. We welcome the Duro Dyne team to the NSI family and look forward to increasing Duro Dyne’s HVAC/R market share with the added strengths NSI has to offer," G. R. Schrotenboer, NSI Industries CEO.

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