Nov. 17 at 6:29 PM
Gibraltar Industries shares fell Monday after the company announced a
$1.335 billion cash acquisition of OmniMax International. The deal, unanimously approved by Gibraltar’s board, is expected to close in the first half of 2026 pending regulatory approval. OmniMax is projected to generate
$565 million in adjusted net sales and
$110 million in adjusted EBITDA in 2025.
Gibraltar said the purchase price reflects an 8.4× multiple on OmniMax’s expected 2025 adjusted EBITDA, including
$35 million in cost synergies and about
$100 million in cash tax benefits. CEO Bill Bosway said the acquisition strengthens Gibraltar’s position in residential building products and enhances customer experience.
Following the deal, Gibraltar’s Residential segment is expected to account for more than 80% of company revenue and adjusted EBITDA, and the transaction is projected to be accretive to adjusted EPS in the first full fiscal year after closing.
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