Thermon Boosts Portfolio With F.A.T.I. Buyout: Will Stock Gain? [Yahoo! Finance]
Thermon Group Holdings, Inc. (THR)
Last thermon group holdings, inc. earnings: 2/6 07:55 am
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Source: Yahoo! Finance
THR has acquired Italy-based Fabbrica Apparecchiature Termoelettriche Industriali S.r.L. ("F.A.T.I."), aiming to expand its product range and geographic presence. This move reinforces Thermon's position to better address the rising global demand for electrification and decarbonization solutions. The acquisition, valued at €12.5 million, was funded using available cash reserves, and it is subject to customary adjustments. Based in Milan, Italy, F.A.T.I. is a prominent designer and manufacturer of electrical heaters and heating systems. Its portfolio features technologically advanced and reliable solutions used by companies across diverse industrial sectors, including oil and gas, pharmaceuticals, renewable energy, nuclear and heating, ventilation, and air conditioning (HVAC) in more than 30 countries worldwide. For the calendar year ending Dec. 31, 2023, F.A.T.I. reported revenues of more than €12 million. Integrating F.A.T.I.'s manufacturing facility in Italy significantly strengt
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News
- Analysts Have Lowered Expectations For Thermon Group Holdings, Inc. (NYSE:THR) After Its Latest Results [Yahoo! Finance]Yahoo! Finance
- CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results [Yahoo! Finance]Yahoo! Finance
- CORRECTION FROM SOURCE: Thermon Reports Second Quarter Fiscal 2025 Results Accesswire
- Thermon Group Holdings Inc (THR) Q2 2025 Earnings Call Highlights: Navigating Revenue ... [Yahoo! Finance]Yahoo! Finance
- Thermon Group (THR) Q2 Earnings Top Estimates [Yahoo! Finance]Yahoo! Finance
THR
Earnings
- 11/7/24 - Beat
THR
Sec Filings
- 11/18/24 - Form 4/A
- 11/18/24 - Form 4
- 11/14/24 - Form SC
- THR's page on the SEC website