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Synopsis
CSW Industrials, a diversified industrial growth company, completed the acquisition of PSP Products, a manufacturer and supplier of surge protection devices and load management systems, for $40m. “PSP has been a great partner for CSWI in recent years, as our teams have worked hand in hand co-developing an industry-leading series of HVAC electrical products. Bringing the PSP team into our organization will allow us to continue our pace of innovation and allow CSWI to better serve electrical distributors and contractors through the expansion of our product offering,” Jeff Underwood, CSWI Senior Vice President.
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