Mattr Corp T.MATR

Alternate Symbol(s): MTTRF

Energy Oil & Gas Equipment & Services

Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.

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Mattr Corp

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Post by whytestockson Nov 08, 2024 11:30am

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Post# 36303297

Mattr Enters into Definitive Agreement to Acquire AmerCable

BREAKING NEWS: $MTTRF Mattr Enters into Definitive Agreement to Acquire AmerCable for US$280m, Significantly Enhancing its Highly Engineered Wire and Cable Capabilities Within the U.S. Market and its Exposure to the Global Electrification MovementTORONTO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) announced today that it has agreed to acquire AmerCable Incorporated (“AmerCable”), a globally recognized U.S. manufacturer of highly engineered wire and cable s...MTTRF - Mattr Enters into Definitive Agreement to Acquire AmerCable for US$280m, Significantly Enhancing its Highly Engineered Wire and Cable Capabilities Within the U.S. Market and its Exposure to the Global Electrification Movement

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