Atkore Inc. acquired Sasco Tubes And Roll Forming Inc.
December 19, 2021
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Atkore Inc. (NYSE:ATKR) acquired Sasco Tubes And Roll Forming Inc. on December 20, 2021. Sasco Tubes & Roll Forming will continue operating at its current location. In Q1 FY2022, Atkore Inc. (NYSE:ATKR) deploy $36 million on two acquisitions; Sasco Tubes And Roll Forming Inc. and Four Star Industries.
Atkore Inc. (NYSE:ATKR) completed the acquisition of Sasco Tubes And Roll Forming Inc. for $15.8 million on December 20, 2021. As per the terms of the transaction, $12.9 million was paid at closing and additional $2.9 million 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. 
