Koppers Utility and Industrial Products to acquire Brown Wood Preserving Company assets for $100M, closing in Q2 2024.

Koppers Holdings Inc. subsidiary Koppers Utility and Industrial Products agreed to buy most assets of Brown Wood Preserving Company for $100 million in cash. The deal is expected to close in Q2 2024, subject to standard conditions. Brown Wood will be integrated into Koppers Utility and Industrial Products, and the acquisition is expected to contribute to Koppers' adjusted earnings of $315-325 million in 2025.

February 28, 2024
2 Articles