Atkore Inc. acquired Cascade Poly Pipe & Conduit and Northwest Polymers.
August 30, 2022
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Atkore Inc. (NYSE:ATKR) acquired Cascade Poly Pipe & Conduit and Northwest Polymers on August 30, 2022. With the addition of Cascade and Northwest Polymers Atkore Inc. has deployed more than $310 million dollars to complete six acquisitions in Fiscal Year 2022. With approximately 30 employees, Cascade will continue operations at its Woodburn, Oregon location, and with approximately 80 employees, Northwest Polymers will continue operations at its Molalla, Oregon, location.
Atkore Inc. (NYSE:ATKR) completed the acquisition of Cascade Poly Pipe & Conduit and Northwest Polymers for $62.1 million on August 30, 2022. The total purchase price of $62,100 thousands, of which $52,738 thousands was paid at closing and an additional purchase price payable of $9,362 thousands was accrued.
Atkore Inc. is a manufacturer of electrical products for commercial, industrial, data center, telecommunications and solar applications. The Company's segments include electrical, and safety and infrastructure. The electrical segment manufactures products used in the construction of electrical power systems, including conduit, cable and installation accessories, and serves contractors in partnership with the electrical wholesale channel. The safety and infrastructure segment designs and manufactures solutions, including metal framing, mechanical pipe, perimeter security and cable management for the protection of infrastructure. These solutions are marketed to contractors, original equipment manufacturers and end users. Its products and services include Toggle Dropdown, Conduit, Traffic Products and Cable Tray Systems. It manufactures products in approximately 49 facilities and operates a total of 7.5 million square feet of manufacturing and distribution space in eight countries.
ATKORE INC. 
