Vontier Reports Sale Of Its Coats Business To Victor Capital Partners For $72.5M, In An All-Cash Transaction
Author: Benzinga Newsdesk | January 09, 2024 08:05am
Coats is projected to report 2023 revenue of approximately $110 million and EBITDA of approximately $10 million. Financial results for the Coats business are reported within the "Other" segment in Vontier's financials and will be excluded from continuing operations as of the completion date. The transaction closed on January 8, 2024.
Posted In: VNT