NYSE:NPOMachinery
Enpro 3.0 Acquisition Pipeline Targets Growth While Valuation Raises Questions
Enpro (NYSE:NPO) has outlined a robust pipeline of acquisitions under its Enpro 3.0 strategy.
The plan focuses on adding capabilities in key growth areas and adjusting the company’s business mix.
The company aims to use disciplined M&A to support its strategic objectives through 2030.
For you as an investor, the message is that Enpro wants to be more focused on areas it views as higher opportunity, rather than simply getting bigger for its own sake. By targeting businesses that fit its...