- Brunswick Corp BC has acquired SemahTronix, a supplier of high-complexity electrical wiring harnesses for advanced products in the marine, mobile, and defense industries, for an undisclosed sum.
- The acquisition of SemahTronix enhances Brunswick's integrated systems offerings.
- The Flippin, Arkansas-based company will become part of Brunswick's Advanced Systems Group (ASG).
- The acquisition is the third for Brunswick's ASG in the past four months, including the June announcement to acquire Navico and the September acquisition of the RELiON Battery.
- The company held $599.9 million in cash and equivalents as of June 30, 2021.
- Price Action: BC shares are trading lower by 3.25% at $94.26 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
