Curtiss-Wright (CW) Completes Acquisition of WSC for $34M
Curtiss-Wright(CW) Zacks Investment Research·2024-04-05 20:31
Curtiss-Wright Corporation (CW) recently announced that it has completed the acquisition of WSC, Inc. The transaction was valued at approximately $34 million.Rationale Behind the SaleCurtiss-Wright’s decision to acquire WSC’s business underscores its commitment to focus on its Naval & Power business. The buyout will help CW in achieving long-term profitable growth and strong free cash flow. In 2023, Naval & Power contributed a total of 40% to Curtiss Wright’s total sales.With the acquisition, Curtiss-Wright ...