1847 Provides Further Detail on Previously Completed Sale of High Mountain Door & Trim Division; Reports Sale Price of Approximately $17 Million, More than Double the Original Purchase Pri...
1847 Holdings LLC (EFSH)
NASDAQ:AMEX Investor Relations:
1847holdings.com/investor-faq
Company Research
Source: Yahoo! Finance
identifying over-looked, deep value investment opportunities in middle market businesses, today provided further detail on the previously announced, successful sale of High Mountain Door & Trim Inc. ("HMDT"), a division of 1847 Cabinets, to Builders FirstSource, Inc., the largest U.S. supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling. The Company reports it completed the sale for approximately $17 million, more than double the original purchase price. Based in Reno, Nevada, and founded in 2014, HMDT specializes in finished carpentry products and services. The sale agreement includes a working capital adjustment and other standard terms. 1847 plans to reinvest part of the proceeds to continue its strategy of identifying, operating, and selling undervalued assets. Mr. Ellery W. Roberts, CEO of 1847 Holdings, commented, "This transaction is a key milestone for
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News
- 1847 Announces Transformative Initiatives in the First Nine Months of 2024, Reports Third Quarter 2024 Financial Results and Provides Business Update [Yahoo! Finance]Yahoo! Finance
- 1847 Announces Transformative Initiatives in the First Nine Months of 2024, Reports Third Quarter 2024 Financial Results and Provides Business UpdateAccesswire
- 1847 Provides Further Detail on Previously Completed Sale of High Mountain Door & Trim Division; Reports Sale Price of Approximately $17 Million, More than Double the Original Purchase PriceAccesswire
- 1847 Holdings Signs Definitive Agreement to Purchase Commercial Cabinet, Door & Millwork Manufacturer with Unaudited Trailing Twelve-Month (TTM) Net Income of $10.4 MillionAccesswire
- 1847 Holdings Announces 1-for-15 Reverse SplitAccesswire
EFSH
Sec Filings
- 11/19/24 - Form 8-K
- 11/19/24 - Form 10-Q
- 11/14/24 - Form NT
- EFSH's page on the SEC website