The Online Investor
Daily M&A
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
Metals & Mining M&A image Metals & Mining M&A » By The Online Investor Staff, updated Thu., Mar. 28, 9:31 AM Recent mergers and acquisitions in the Metals & Mining M&A category.

Slide #73. Worthington Industries, Inc. Stake in ARITAS

Acquirer: Worthington Industries, Inc. (NYSE:WOR)
Acquiree: Stake in ARITAS
Details: Worthington Industries, Inc. (NYSE: WOR) announced that its Pressure Cylinders segment has signed an agreement to acquire a 75% stake in ARITAS, one of Europe's leading LNG (liquefied natural gas) and cryogenic technology companies offering a broad portfolio of LNG products, cryogenic vessels, systems and services. Located in Istanbul, Turkey, ARITAS employs nearly 300 people and generated sales of approximately $40 million for its fiscal year ending Dec. 31, 2013. The transaction is awaiting Turkish government approval, which is expected to be completed later this month.

Worthington Industries is an industrial manufacturing company. Co.'s manufactured metal products include: pressure cylinders for liquefied petroleum gas, compressed natural gas, hydrogen, oxygen, refrigerant and other industrial gas storage; water well tanks for commercial and residential uses; hand torches and filled hand torch cylinders; propane-filled camping cylinders; helium-filled balloon kits; hand tools and instruments; and drywall tools and related accessories; and, through its joint ventures, complete ceiling grid solutions; laser welded blanks; light gauge steel framing for commercial and residential construction; engineered cabs, operator stations and cab components.

WOR SEC Filing Email Alerts Service


Open the WOR Page at The Online Investor »

Company Name:  Worthington Enterprises Inc
Stock buyback:  WOR buyback
Website:  www.worthingtonindustries.com
Sector:  Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding WOR:  61
Total Market Value Held by ETFs:  $547.86M
Total Market Capitalization:  $3.12B
% of Market Cap. Held by ETFs:  17.58%
 

Open the WOR Page at The Online Investor (in a new window) »

March 28, 2024    9:31 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree WOR Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Sell (1.33 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

Analysts' Target Price:
WOR Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Metals & Mining M&A - Slide 73 of 100 | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.