Add-on Acquisition • Building Materials

Atlantic Wind & Solar Acquires K.B. Industries

On June 24, 2019, Atlantic Wind & Solar acquired building materials company K.B. Industries

Acquisition Context

This is Atlantic Wind & Solar’s 1st transaction in the Building Materials sector.
This is Atlantic Wind & Solar’s 1st transaction in the United States.
This is Atlantic Wind & Solar’s 1st transaction in Florida.

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M&A Deal Summary
Date	June 24, 2019
Target	K.B. Industries
Sector	Building Materials
Buyer(s)	Atlantic Wind & Solar
Deal Type	Add-on Acquisition

Target Company

K.B. Industries

Clearwater, Florida, United States

K.B. Industries, Inc. offers a comprehensive suite of proven products and solutions to solve infrastructure challenges. From its category leading KBI Flexi®-Pave to its newest innovations in water treatment and shoreline protection, KBI combines technology and experience to solve problems using innovative materials and designs.

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Buyer Overview 1

Buyer

Atlantic Wind & Solar

Toronto, Ontario, Canada

Category	Company
Sector	Renewable Energy

DESCRIPTION

Atlantic Wind & Solar, Inc. is a renewable energy asset developer, with emphasis on photovoltaic solar (PV) and wind energy. The company pursues, develops, finances, owns and operates solar energy projects from various stages of development life cycles, through to commercial operation.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Building Materials	1 of 1
Type: Add-on Acquisition	1 of 1
State: Florida	1 of 1
Country: United States	1 of 1
Year: 2019	1 of 1

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