Exchange Income Corporation acquires DryAir Manufacturing Corp.

Exchange Income Corporation has acquired DryAir Manufacturing Corp., a leader in portable hydronic heating systems, for approximately $60 million. The purchase price was funded by $15 million in EIC common shares and $45 million in cash.

“EIC is excited to grow our manufacturing segment with the acquisition DryAir.”businesswire.com

• 1 source
• businesswire.comExchange Income Corporation Announces the Acquisition of DryAir Manufacturing Corp.Oct 5, 2023

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