Myers Industries Finalizes Signature CR Holdco Acquisition

Myers Industries (MYE) has released an update to notify the public and investors about its asset transaction finalization.

Myers Industries, Inc. has successfully completed its merger with Signature CR Intermediate Holdco, Inc. on February 8, 2024, for a total consideration of $350 million. This strategic move, first announced in late 2023, signifies a major step for the company as Signature now becomes a wholly-owned subsidiary, strengthening Myers Industries’ market position and expanding its portfolio.

For further insights into MYE financials, check out TipRanks’ Financials page.

For a comprehensive understanding of the announcement, you can read the full document here.