Atkore (ATKR) Announces Strategic Asset Sale as Part of Ongoing Review Process
Atkore Inc. (ATKR) has sold its HDPE pipe and conduit business to Infra Pipes as part of a strategic review aimed at improving financial metrics and focusing on core electrical products. The company reported a slight decline in net sales in Q1 2026 but saw growth in its electrical segment. The ongoing strategic review, including prior divestitures, may make the company more attractive for potential acquisition.
Tickers: $ATKR
Topics: business restructuring divestiture financial performance strategic review takeover speculation