Azz inc. completes acquisition of precoat metals from sequa corporation

Fort worth, texas , may 13, 2022 /prnewswire/ -- azz inc. ("azz" or the "company") (nyse: azz), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure, today announced that it has completed its previously announced acquisition of the precoat metals business division ("precoat") of sequa corporation ("sequa"), a portfolio company of global investment firm carlyle (nasdaq: cg), for a purchase price of approximately $1.28 billion.  headquartered in st. louis, missouri, precoat is the leading independent provider of metal coil coating solutions in north america.
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