Myers Industries Completes Acquisition of Signature Systems
Myers Industries, Inc. (MYE)
Last myers industries, inc. earnings: 3/3 06:30 am
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US:NYSE Investor Relations:
investor.myersindustries.com/investor-relations/default.aspx
Company Research
Source: Business Wire
Transaction strengthens Myers’ portfolio of market leading brands and enhances margin and EPS growth profilesSignature Systems’ leading position in the high-growth infrastructure and ground protection markets provides an attractive platform for growth and is expected to deliver both double-digit EPS accretion and $8 million of run-rate synergies by 2025 AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE) (“Myers” or the “Company”), a leading manufacturer and distributor of industrial products, today announced that it has completed its acquisition of Signature Systems (“Signature”), which was previously announced on January 2, 2024.“We are excited to welcome the Signature team to Myers with the closing of this transaction,” said Mike McGaugh, Chief Executive Officer of Myers Industries. “This acquisition strengthens our growing portfolio of market leading brands, enhances our profitability profile and demonstrates Myers’ capability as a platform for acquisitive growth.
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Earnings
- 3/5/24 - Beat
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Sec Filings
- 4/25/24 - Form 8-K
- 4/19/24 - Form 8-K/A
- 3/28/24 - Form 11-K
- MYE's page on the SEC website