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Loar Announces Put Agreement to Acquire LMB Fans & Motors and Record Preliminary Fourth Quarter and Full Year 2024 Results

1. LOAR enters put option to acquire LMB Fans & Motors for €365 million plus net debt. 2. Preliminary Q4 and full-year 2024 results announced; earnings call set for March 31, 2025.

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FAQ

Why Bullish?

The acquisition move signals strategic growth and diversification, potentially unlocking synergies and increased revenue. Historical deals of similar scale have boosted investor sentiment when followed by positive earnings reports.

How important is it?

The significant €365 million transaction and the scheduled earnings update are pivotal events for LOAR, directly impacting investor outlook and valuation dynamics.

Why Short Term?

Immediate market reaction is expected due to the high-profile acquisition announcement and upcoming earnings call. Such events typically influence short-term price movements before integration benefits materialize.

Related Companies

WHITE PLAINS, NY / ACCESS Newswire / February 20, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we", "our" and "The Company"), today announced that it has entered into a put option to acquire 100% of the shares of LMB Fans & Motors ("LMB") for €365 million plus the assumption of net debt, payable in cash at closing. The Company is also announcing select preliminary, unaudited, fourth quarter and full year 2024 financial results and an associated earnings release and call on March 31, 2025.

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