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Stock impact report

ABM Industries Completes Acquisition of Able Services

ABM Industries Incorporated (ABM) 
Last abm industries incorporated earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.abm.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, Sept. 30, 2021 (GLOBE NEWSWIRE) -- ABM Industries (NYSE: ABM) announced today the closing of its previously announced acquisition of Able Services, a leading facilities services company headquartered in San Francisco. The transaction adds scale to ABM’s core businesses and key geographies and bolsters ABM’s engineering and technical services, which are expected to generate almost $2 billion of combined annualized revenue. In addition, Able Services further expands ABM’s sustainability and energy efficiency offerings amid growing demand for environmentally responsible solutions. Scott Salmirs, President and CEO of ABM Industries commented, “We are pleased to announce the completion of this strategic acquisition and we welcome Able’s talented team to ABM. Together, ABM and Able can more fully address our clients’ needs for innovative and cost-effective solutions, supported by our national footprint, comprehensive facility services expertise and dedicated team of more than Show less Read more
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