AAON Announces Acquisition
AAON, Inc. (AAON)
Last aaon, inc. earnings: 2/27 07:00 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
TULSA, Okla., March 01, 2018 (GLOBE NEWSWIRE) -- AAON, Inc. (NASDAQ:AAON), closed on the purchase of substantially all of the assets of WattMaster Controls, Inc. ("WCI") on February 28, 2018. The assets acquired consist primarily of intellectual property, receivables, inventory and fixed assets. AAON funded the acquisition with cash on hand. WCI has been a long-time supplier, primarily of controls, to the Company. The Company also entered into a lease for the facility in Parkville, Missouri previously occupied by WCI, that AAON will utilize to operate this addition to its business. The Company hired substantially all of the WCI employees. Gary Fields, President, and Norman H. Asbjornson, CEO, stated, "We are very excited about this strategic addition to our business. This acquisition allows us to quickly bring in-house the expertise and knowledge needed to accelerate the development of our own controls, which we believe to be an integral part of our continued efforts to impro
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AAON
Earnings
- 2/28/24 - Beat
AAON
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/8/24 - Form ARS
- 4/8/24 - Form DEF
- AAON's page on the SEC website