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Stock impact report

Koppers (KOP) Wraps Up Acquisition of Brown Wood Preserving [Yahoo! Finance]

Koppers Holdings Inc. Koppers Holdings Inc. (KOP) 
Last koppers holdings inc. koppers holdings inc. earnings: 2/27 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
certain affiliates, for approximately $100 million in cash. Completed through its subsidiary, Koppers Utility and Industrial Products Inc. (UIP), this acquisition sees Brown Wood, well-known for its production of pressure-treated wood utility poles, integrating into Koppers UIP. KOP is a prominent player in treated wood products, wood treatment chemicals and carbon compounds globally. Expressing keen enthusiasm for the acquisition, Koppers highlights its strategic significance in reinforcing existing markets and forging pathways into new geographic regions. The inclusion of Brown Wood's assets into Koppers' portfolio amplifies sales and production capabilities within current markets and presents a promising avenue for expansion. With the acquisition completed, Koppers extends a warm welcome to the Brown Wood team, embracing them into the Koppers family. Recognizing the utility pole market as a burgeoning growth sector, Koppers is poised to capitalize on synergies between the two e Show less Read more
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