- Expands into adjacent window and door category
- Adds premium overhead garage doors to product portfolio
- Broadens geographic footprint and brand presence in high-growth Western region
- Adds another strong brand to PGT Innovations brand portfolio
- Creates cross-selling opportunities for existing Western Division brands and NewSouth Window Solutions
- Strong cultural and values fit across both companies
- Purchase price of $185 million; Sales of approximately $60 million expected in 2022
- Expected to be immediately accretive to EBITDA margin, accretive to adjusted EPS within first year
Aesthetic Medical International Announced Business Updates on Purchase of 73% Equity Stake in Guangzhou Meixi Aesthetic Medical Clinic Company Limited
Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) (the "Company" or "AIH"), a leading provider of aesthetic medical services in China, today announced the operational updates on its newly-acquired non-surgical satellite clinic in Guangzhou.
