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Gibraltar Completes Divestiture of Renewables Business

  • Gibraltar Industries has sold its racking and foundations operations to Unirac, completing the second step of a two-step divestiture of its Renewables business.
  • The transaction aligns the Renewables business with industry leaders expanding their solar portfolios.
  • The divestiture supports Gibraltar's strategic plan to simplify its asset portfolio & focus on building products & structures in the residential, agtech, & infrastructure markets.
  • Additional transaction details are available in the Form 8-K filed with the Securities and Exchange Commission.
  • The press release includes forward-looking statements subject to risks such as tariffs, supply chain challenges, inflation, & changes in government spending or customer demand.
  • Gibraltar advises investors to review the "Risk Factors" section in its most recent Form 10-K before making investment decisions.