BUZZ-Enerpac Tool Group jumps on $472 million SFE Group deal

Enerpac Tool Group Corp Class A

Enerpac Tool Group Corp Class A

EPAC

0.00

** Shares of industrial tool manufacturer Enerpac Tool Group EPAC.N up 7.84% at $37 after the bell

** EPAC to buy SFE Group for about $472 million in cash

** Deal to be accretive to fiscal 2027 adjusted EPS; expected to close in the first quarter of fiscal 2027

** Deal to be funded with cash on hand and borrowings under the co's senior credit facility

** As of last close, stock down 10.28% YTD