Worthington Enterprises to acquire LSI Group for $205m.

Worthington Enterprises, a designer and manufacturer of brands, agreed to acquire LSI Group a company that pecializes in multi-slide and progressive dies, providing products for various industries, for $205m. “The addition of LSI will further strengthen our Building Products portfolio and deepen engagement with customers across the entire building envelope. A leading U.S. manufacturer in a niche market, LSI has built an exceptional reputation for superior quality, industry-leading lead times and outstanding service backed by long-term customer relationships. Those relationships—and LSI’s people-first culture—align with our own values and commitment to supporting our customers and employees. We’re very much looking forward to welcoming them to our team,” Joe Hayek, Worthington Enterprises President and CEO.