Worthington Enterprises, Inc. acquired 80% stake in Halo Products Group LLC for $9.4 million.
February 31, 2024
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Worthington Enterprises, Inc. (NYSE:WOR) acquired 80% stake in Halo Products Group LLC for $9.4 million on February 1, 2024. HALO Products generated net revenue of $7 million in 2023.
Worthington Enterprises, Inc. (NYSE:WOR) completed the acquisition of 80% stake in Halo Products Group LLC on February 1, 2024.
Worthington Enterprises Inc. is a designer and manufacturer of brands that enable people to live safer, healthier and more expressive lives. The Company operates through three businesses: building products, consumer products and sustainable energy solutions. The comprehensive portfolio of building products includes heating and cooling solutions, specialized construction products, water systems, ceiling solutions, and metal framing options. The consumer products include tools, outdoor living and celebrations categories sold under brand names Balloon Time, Bernzomatic, Coleman, Garden-Weasel, General, HALO, Hawkeye, Level5 Tools, Mag Torch, Pactool International and Well-X-Trol. The sustainable energy solutions offer on-board fueling systems and services, as well as gas containment solutions and services for the storage, transport, and distribution of industrial gases, supporting the growing hydrogen ecosystem and adjacent sustainable energies like compressed natural gas.
WORTHINGTON ENTERPRISES, INC. 
