(Il Sole 24 Ore Radiocor) -Milano,17 nov-Gibraltar Industries said it had agreed to buy OmniMax International from funds managed by Strategic Value Partners and affiliates for 1.335 billion dollars in cash.

Gibraltar, which offers products and services for the residential, agricultural technology and infrastructure markets, said the acquisition would significantly enhance its position in building products.

The deal, expected to close in the first part of 2026, is expected to generate 35 million dollars in savings by the end of 2028.

Gibraltar said it would fund the transaction in the form of up to 1.3 billion dollars in new term loan facilities and an.

upsized 500 million revolving credit facility.

(RADIOCOR) 17-11-25 14:13:42 (0363) 5 NNNN