Nucor Corp acquires Rytec Corp, a commercial door manufacturer, for $565M in cash.

Nucor Corp. (NUE) is acquiring Rytec Corp., a commercial door manufacturer, for $565M in cash. The deal, valuing Rytec at 12.5x estimated 2024 EBITDA, will expand Nucor's product portfolio and create cross-selling opportunities with other Nucor businesses. Rytec, known for high-speed, high-performance doors, has over 300 employees operating out of two Wisconsin facilities.

June 03, 2024
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