お知らせ • Apr 13
Hill & Smith PLC (LSE:HILS) completed the acquisition of 80% stake in Freeberg Industrial Fabrication Corporation from Marc Brown. Hill & Smith PLC (LSE:HILS) reached agreement to acquire 80% stake in Freeberg Industrial Fabrication Corporation from Marc Brown for $86 million on March 11, 2026. A cash consideration of $36 million for 80% of the equity, on a debt and cash free basis will be paid by Hill & Smith PLC. Hill & Smith PLC will pay an earnout/contingent payment of $50 million cash for the remaining 20% of the equity dependent upon levels of profitability achieved over the period to 31 December 2031. As part of consideration, $86 million is paid towards common equity of Freeberg Industrial Fabrication Corporation. The transaction will be funded from Hill & Smith's existing borrowing facilities.
For the period ending December 31, 2025, Freeberg Industrial Fabrication Corporation reported total revenue of $31.7 million and EBIT of $5.3 million. Chief Executive Officer, Marc Brown, will continue to lead Freeberg Industrial Fabrication Corporation following the transaction.
The acquisition, which is expected to complete during the second quarter, is subject to US regulatory approvals. The acquisition is expected to be earnings enhancing to the Group in 2026.
Hill & Smith PLC (LSE:HILS) completed the acquisition of 80% stake in Freeberg Industrial Fabrication Corporation from Marc Brown on April 13, 2026. お知らせ • Mar 23
Hill & Smith PLC to Report First Half, 2026 Results on Aug 12, 2026 Hill & Smith PLC announced that they will report first half, 2026 results on Aug 12, 2026 お知らせ • Mar 12
Hill & Smith PLC (LSE:HILS) reached agreement to acquire 80% stake in Freeberg Industrial Fabrication Corporation from Marc Brown for $86 million. Hill & Smith PLC (LSE:HILS) reached agreement to acquire 80% stake in Freeberg Industrial Fabrication Corporation from Marc Brown for $86 million on March 11, 2026. A cash consideration of $36 million for 80% of the equity, on a debt and cash free basis will be paid by Hill & Smith PLC. Hill & Smith PLC will pay an earnout/contingent payment of $50 million cash for the remaining 20% of the equity dependent upon levels of profitability achieved over the period to 31 December 2031. As part of consideration, $86 million is paid towards common equity of Freeberg Industrial Fabrication Corporation. The transaction will be funded from Hill & Smith's existing borrowing facilities.
For the period ending December 31, 2025, Freeberg Industrial Fabrication Corporation reported total revenue of $31.7 million and EBIT of $5.3 million. Chief Executive Officer, Marc Brown, will continue to lead Freeberg Industrial Fabrication Corporation following the transaction.
The acquisition, which is expected to complete during the second quarter, is subject to US regulatory approvals. The acquisition is expected to be earnings enhancing to the Group in 2026. お知らせ • Nov 20
Hill & Smith PLC Announces Unchanged Earnings Guidance for the Full Year 2025 Hill & Smith PLC announced unchanged earnings guidance for the full year 2025. For the year, The company expects FY25 underlying operating profit to be in line with current analyst consensus. お知らせ • Mar 25
Hill & Smith PLC Announces Board and Committee Changes Hill & Smith PLC announced the appointment of Gillian Tomlinson as a non-executive director, with effect from 25 March 2025. Gillian will join the Nomination, Audit and Remuneration Committees of the Board, replacing Leigh-Ann Russell, who stepped down from the Board on 12 March 2025. Gillian Tomlinson is Chief Data & Digital Officer at FTSE100 engineering company, Weir Group PLC, where she is responsible for digital strategy and implementation. Prior to joining Weir Group PLC, Gillian was Director of Data & Analytics at Three UK. Gillian has a degree in Economics from Potchefstroom University in South Africa, and has lived and worked internationally throughout her career. お知らせ • Nov 20
Hill & Smith PLC to Report Fiscal Year 2024 Results on Mar 12, 2025 Hill & Smith PLC announced that they will report fiscal year 2024 results on Mar 12, 2025