Watsco Completes Acquisition of Acme Refrigeration
Watsco, Inc. (WSO)
Last watsco, inc. earnings: 4/23 07:30 am
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Source: GlobeNewswire
MIAMI, Fla., May 11, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has completed the acquisition of Acme Refrigeration, a leading distributor of air conditioning, heating and refrigeration products based in Baton Rouge, Louisiana. Founded in 1945, Acme offers approximately 7,000 SKUs to over 4,000 active customers throughout 18 locations in Louisiana and Mississippi and is led by third and fourth generation members of its founding family. Acme generated revenues of $60 million in 2020. Terms of the acquisition were not disclosed. Albert H. Nahmad, Watsco's Chairman and CEO, commented: "We welcome Acme Refrigeration, its leaders and employees to the Watsco family of companies. Acme has long been an admired company within its markets with a loyal customer following. Consistent with our buy-and-build acquisition strategy, Acme will operate under its existing name and under the direction of its current leadership team to provide continuity to customers
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WSO
Earnings
- 4/24/24 - Miss
WSO
Sec Filings
- 5/7/24 - Form 144
- 5/6/24 - Form 144
- 5/3/24 - Form 424B5
- WSO's page on the SEC website