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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.
Greco Aluminum Railings, a subsidiary of CSW Industrials, has acquired Petersen Metals, a manufacturer and installer of architectural metal products based in Hudson, Florida. The acquisition expands Greco's market focus and nearly doubles its manufacturing capacity.