NYSE:MSACommercial Services
MSA Safety Buys Autronica To Broaden Detection Reach And Earnings Potential
MSA Safety (NYSE:MSA) has signed a definitive agreement to acquire Norway based Autronica Fire & Security.
The deal values Autronica at about $550–$555 million.
The acquisition adds depth in fire and gas detection for petrochemical, oil and gas, maritime, and wider industrial markets.
For investors tracking NYSE:MSA, this move comes with the stock around $171.9 and a value score of 4, alongside a 10.5% return over the past year and 25.6% over three years. The company has also posted a 6.0%...