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CSW Industrials announced a definitive agreement to acquire Motors & Armatures Parts (MARS Parts) for $650 million in cash, plus an earn-out of up to $20 million. The acquisition expands CSW's HVAC/R product portfolio.
“Expands CSW’s existing product portfolio in the profitable heating, ventilation, air conditioning, and refrigeration (HVAC/R) end market with the addition of motors, capacitors, other HVAC/R electrical components and equipment installation offerings.”markets.financialcontent.com
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