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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.
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Nucor Corp adquiere Rytec Corp, un fabricante de puertas comerciales, por 565 millones de dólares en efectivo.