AZZ Inc. completes acquisition of Nuclear Logistics

theflyonthewall.com

For the first full year under AZZ, NLI revenues are expected to be in the range of $70M-$80M. AZZ expects the acquisition to be accretive to FY13 EPS by 20c-25c, which will include the expected acquisition costs and the amortization of intangible assets, including NLI's acquired backlog of approximately $75M. The acquisition of NLI and the strategic impact on the Electrical and Industrial Products Segment will be discussed in detail at the next quarterly conference call tentatively scheduled for June 28.

View Comments (0)