Acquiring Company
AZZ
Acquired Company
Precoat Metals
Fort WorthManufacturingNatural ResourcesManufacturingDescription
AZZ Inc. ("AZZ" or the "Company") (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, today announced that it has completed its previously announced acquisition of the Precoat Metals business division ("Precoat") of Sequa Corporation ("Sequa"), a portfolio company of global investment firm Carlyle (NASDAQ: CG), for a purchase price of approximately $1.28 billion.
Quick answer
AZZ is acquiring Precoat Metals, announced May 13, 2022. AZZ is based in Fort Worth, Texas, United States.
- How much did AZZ pay for Precoat Metals?
- The deal value was not disclosed.
- What does AZZ do?
- AZZ Inc. is a global provider of galvanizing and a variety of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to a broad range of markets, including but not..
- Where are AZZ and Precoat Metals based?
- AZZ is based in Fort Worth, Texas, United States.
- Who are the decision-makers at AZZ?
- Fundz holds 1 contact at AZZ. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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When AZZ changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Precoat Metals?
Precoat Metals was acquired by AZZ, based in Fort Worth. The deal was reported on May 13, 2022. AZZ Inc. AZZ is publicly traded (AZZ) and operates in Manufacturing.
When did AZZ acquire Precoat Metals?
AZZ's acquisition of Precoat Metals was reported on May 13, 2022. AZZ Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Precoat Metals do?
Founded in 1961 and headquartered in St. Louis, Missouri, Precoat Metals is the leading independent provider of metal coil coating solutions in North America. It is privately held, operating in Manufacturing.
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