Dorman products, inc. completes acquisition of dayton parts and provides updated 2021 guidance

Colmar, pa., aug. 10, 2021 (globe newswire) -- dorman products, inc. (the “company” or “dorman”) (nasdaq:dorm), a leading supplier in the automotive aftermarket industry, today announced that it completed the acquisition of dayton parts (“dayton”) for a total cash consideration of approximately $338 million, subject to customary purchase price adjustments. the transaction was financed with $100 million from cash on hand, with the balance financed from borrowings under the company's new revolving credit facility.
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