ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.

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ADF Group Inc > addition to latest Atrium takeover report

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Comment by lotus1on Sep 05, 2024 7:21pm

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Post# 36210867

RE:addition to latest Atrium takeover report

Thank you for sharing !!
Atrium's portfolio of possible take out candidates in small cvalps seems to be performing well.
Interesting to note the addition of DRX to the portfolio.
ADF Group will no doubt be a gem to acquire for a larger co.CDN/US.
The current discounted valation will be a huge attraction to possible buyers.
The price could well be clise to Atrium's valuation $23-$25 ....
Question is, what will be the incentive for Pischanni family to sell and How would the owner family ( 80% + voting contro ) react to an offer ?

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