Wabash National Corporation to Divest Aviation and Truck Equipment Business to AFI Partners
Wabash National Corporation (WNC)
Last wabash national corporation earnings: 2/12 06:50 am
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Source: GlobeNewswire
Transaction of non-core asset provides increased financial flexibilityProgress Tank and Garsite businesses will continue operations under AFI Partners as Garsite Progress, LLC LAFAYETTE, Ind., Jan. 22, 2019 (GLOBE NEWSWIRE) -- Wabash National Corporation (NYSE: WNC), a diversified industrial manufacturer and a leading producer of semi-trailers, truck bodies and liquid transportation systems, today announced it is selling its Aviation and Truck Equipment (AVTE) business to Garsite Progress, LLC, an entity formed by AFI Partners, a New York-based private equity firm, with the transaction effective today. AVTE, based in Kansas City, Kansas, was added to Wabash National’s Diversified Products Group portfolio via the acquisition of Walker Group Holdings in 2012. AVTE includes the Progress Tank brand of truck-mounted tanks for fuels, oil and waste, as well as Garsite branded aircraft refueling equipment. Both businesses will continue operations under ownership of AFI Partners. “T
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News
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- Wabash National Co. (NYSE: WNC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Is Wabash National Corporation's (NYSE:WNC) Recent Stock Performance Tethered To Its Strong Fundamentals? [Yahoo! Finance]Yahoo! Finance
WNC
Earnings
- 4/24/24 - Miss
WNC
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/9/24 - Form ARS
- WNC's page on the SEC website