Hawkins (HWKN) said Friday it has completed the acquisition of the assets of Surplus Management, doing business as WaterSurplus, which provides water treatment services in the US.
The company also said it has closed on an amended $400 million revolving credit facility, which was increased from $250 million.
The deal is expected to be accretive to Hawkins' earnings per share in fiscal 2027. The company used cash on hand and available borrowings to fund the acquisition.
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