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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 for €365M plus net debt. 2. Earnings call with Q4/2024 and full-year results scheduled for March 31, 2025.

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$69.402/20 04:37 PM EDTEvent Start

$68.6102/21 10:48 PM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition, executed with cash and net debt assumption, is expected to drive synergies and growth. Similar strategic M&A deals in the industry historically boosted investor confidence and stock performance.

How important is it?

The sizable transaction and scheduled financial update provide both immediate investor transparency and potential long-term growth drivers. The deal's scale relative to LOAR's operations suggests a substantial impact on market perception.

Why Short Term?

The near-term earnings call and immediate execution of the deal are likely to influence market sentiment promptly, as seen in past acquisition announcements.

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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