Investment Highlights Strategic expansion in the fast-growing HVAC/R ductless application: Capital investment of $21 million for acquisition of Duckt-Strip®, a differentiated electrical cable for HVAC Mini-Split systems Strong Fit with Contractor Solutions broad distribution network: Creating immediate opportunity to scale and accelerate product growth, supported by our role as master distributor since September 2022 Attractive, disciplined economics: Acquisition valued at approximately 7.0x trailing twelve-months' EBITDA and expected to be accretive to earnings per share in the first full year of ownership Focused Investment in HVAC/R Technology: $4.8 million incremental minority investment in Flair, a HVAC controls company with a dedicated smart grille, register & diffuser product line Consistent capital allocation strategy: $1.0 billion+ of cumulative acquisition capital investment in fiscal year 2026 DALLAS, March 12, 2026 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW) today announced the strategic acquisition of Duckt‑Strip®, a differentiated, code‑compliant electrical cable solution purpose‑built for HVAC mini‑split installations. The transaction strengthens CSW's Contractor Solutions segment by expanding its offering in the HVAC/R ductless application while leveraging the Company's national distribution platform to accelerate growth and margin expansion.
