tiprankstipranks
Hill & Smith Acquires Whitlow Electric, Expands US Presence
Company Announcements

Hill & Smith Acquires Whitlow Electric, Expands US Presence

Hill & Smith Holdings (GB:HILS) has released an update.

Don't Miss our Black Friday Offers:

Hill & Smith PLC, an international provider of sustainable infrastructure products and services, has announced the strategic acquisition of Whitlow Electric Service Company for $30.2 million, aiming to expand its footprint in the US electrical infrastructure market, particularly in the Southeast. The acquisition is poised to enhance the Group’s structural steel fabrication capacity and is expected to be earnings-enhancing in 2024. This move is part of Hill & Smith’s ongoing strategy to grow through acquisitions within high-growth markets.

For further insights into GB:HILS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskHill & Smith Sees Revenue Boost Amid US Market Gains
TipRanks UK Auto-Generated NewsdeskHill & Smith Updates on Share Capital Structure
TipRanks UK Auto-Generated NewsdeskJPMorgan Adjusts Stake in Hill & Smith PLC
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App