Koppers to acquire Brown Wood Preserving for $100m.

Koppers, a global chemical and materials company, agreed to acquire Brown Wood Preserving, a pressure-treated wood utility poles manufacturer, for $100m. "The acquisition of Brown Wood is the logical next step to our announced intentions to focus on growing our utility pole treatment business through both organic and inorganic means. While this likely will not add materially to 2024 results due to timing and integration costs, all things equal, it should enable Koppers to achieve 2025 adjusted earnings before interest, taxes, depreciation and amortization of between $315m and $325m," Leroy Ball, Koppers CEO.