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New Deal


Announced

Relevant Industrial to acquire Rawson/ICD.

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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Majority

Single Bidder

Private

Food Retailers and Wholesalers

Domestic

Friendly

wholesale

Acquisition

Pending

United States

Synopsis

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Relevant Industrial, a value-added distribution and service company, agreed to acquire Rawson/ICD, a product solutions designer. Financial terms are not disclosed. "Our company's commitment to an exceptional customer experience and success for our supply partners will be amplified with the addition of Rawson/ICD to the Relevant Industrial family. They have a customer-centric culture that directly aligns with Relevant's mission. Additionally, Rawson/ICD's recent performance shows that customers value their focus on cutting-edge solutions, which provides opportunities for growth for our suppliers and team members – a perfect fit with Relevant's values," John Carte, Relevant Industrial CEO.

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