Form 8-K · Current Report · Filed 2024-10-25
Barnes Group Inc. Reports Q3 2024 Financial Results and Announces Acquisition by Apollo Funds
Barnes Group Inc. reported Q3 2024 financial results with sales of $388 million, up 7% YoY, and organic sales growth of 4%. Adjusted EBITDA margin increased by 140 bps to 19.8%. The company also announced an all-cash acquisition by Apollo Funds for $3.6 billion, or $47.50 per share. The transaction is expected to close in Q1 2025. Exhibit 99.1 provides further details on the financial performance and the acquisition agreement.
- Filer
- B B
- Filed
- Accession
- 0000009984-24-000130
- CIK
- 0000756894
- Signal
- Medium impact
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
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Exhibits (1)
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