Compass Diversified Holdings (CODI) has signed a binding final agreement to sell the Sterno brand's food service business for a total price of 292.5 millions USD.

老虎证券2026/03/30 10:19

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This asset divestiture is a critical step for the company to optimize its portfolio and enhance financial flexibility. The proceeds from the transaction will be primarily used to accelerate the company's deleveraging process, significantly improve the structure of its balance sheet, and provide stronger support for future strategic investments and shareholder value creation.

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Compass Diversified Holdings (CODI) has signed a binding final agreement to sell the Sterno brand's food service business for a total price of 292.5 millions USD.

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